Royal Energy Resources now owns a 4% overriding royalty interest in Natrona County Wyoming. The overriding royalty interest encompasses over 300 mineral acres, and the oil and gas production will be developed by Bill Barret Corporation.
"The field in Natrona County, Wyoming marks our acquisition in Wyoming of oil and gas mineral rights. Teaming up with industry leaders like Bill Barret Corporation is important in achieving early success in our oil and gas production revenue future," stated Jacob Roth, President, Royal Energy Resources, Inc. Also, Royal Energy Resources, Inc. announced today that the Company has cancelled 2,000,000 shares of previously issued common stock that was owned by Jacob Roth, President.
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