Royale Energy Extends Rocky Mountain Field with 3D Imaging

Royale's Moon Canyon #2 well in the Uintah Basin of Utah has reached a total depth of 10,300 ft. Logs indicate the well has over fifty feet of natural gas filled sands in one objective formation and multiple other formations showing potential production.

The initial gas well in this area was drilled in 1961 and has produced 2 billion cubic ft. of natural gas to date and is still producing. Royale has completed a twenty square mile 3D survey over a portion of its 21,500-acre land position and the Moon Canyon #2 was drilled utilizing modern 3D seismic imaging. The Company will begin permitting to drill additional wells to further define its large acreage block. This spring, Royale plans to acquire more 3D seismic in this area.