Royal Energy Adds Stake in Wyoming
Royal Energy announced that it now owns a 5% overriding royalty interest in Weston County, Wyoming. The overriding royalty interest encompasses over 75 mineral acres, and the oil and gas production will be developed by Orion Energy Partners L.P., a Denver, Colorado-based company. Recently, Orion Energy assigned its interest to Noble Energy, Inc., a public company.
"The field in Weston County, Wyoming marks another acquisition of oil and gas mineral rights in Wyoming. Teaming up with industry leaders like Orion Energy and Noble Energy is important in achieving early success in our gas production revenue future," stated Jacob Roth, President of Royal Energy Resources, Inc.