The two wells located in one of Royale's core areas of operation were drilled on the Company's 33 sq. mile proprietary 3-D seismic survey and will lead to further development and extension of the field.
The O'Sullivan well extends the field to the west and encountered 2 Forbes pay zones including a new deeper pool natural gas discovery. The initial flow rate from one zone is 500,000 cubic ft. per day.
The Lonestar #5 well is a development well in the center of the field and will be completed in several zones of stacked pay. The initial flow rate from one of the lower zones is 800,000 cubic ft. per day.
Additional prospects are being prepared for further drilling in the area.
Headquartered in San Diego, Royale Energy, Inc. is an independent energy company. The Company is focused on development, acquisition, exploration, and production of natural gas and oil in California, Texas and the Rocky Mountains.
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