Royal Energy Obtains 3% Overriding Royalty Interest in Laramie County Wyoming Oil & Gas Lease
30 September 2009 - 10:10PM
Business Wire
ROYAL ENERGY RESOURCES, Inc. (OTCBB:ROYE)
(http://www.royeinc.com) is pleased to announce that the Company
now owns a 3% overriding royalty interest in Laramie County,
Wyoming. The overriding royalty interest encompasses over 1,987
mineral acres, and the oil and gas production will be developed by
Cirque Resources LP, a Denver, Colorado based company.
"The field in Laramie County, Wyoming marks our fifth
acquisition in Wyoming of oil and gas mineral rights. Teaming up
with industry leaders like Cirque Resources LP is important in
achieving early success in our gas production revenue
future," stated Jacob Roth, President, Royal Energy Resources,
Inc.
About Royal Energy Resources, Inc.
Royal Energy Resources, Inc. ("Royal" or the "Company"), is an
oil and gas exploration and production development stage company
and currently owns interests in Laramie County, Wyoming. Royal has
developed a corporate strategy of identification, acquisition and
development of domestic oil and gas reserves, thereby reducing U.S.
dependence on foreign oil. http://www.royeinc.com
Forward-looking statements in this release are made pursuant to
the Safe Harbor Provisions of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements are subject to
certain risks, and uncertainties and actual results could differ
from those discussed. This material is information only and is not
an offer or solicitation to buy or sell the securities.
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