Royal Obtains 5% Royalty Interest in Wyoming Oil & Gas Lease
Royal Energy Resources, Inc. reported that the Company now owns 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.
"The field in Weston County, Wyoming marks our second acquisition in Wyoming of oil and gas mineral rights. Teaming up with industry leaders like Orion Energy Partners L.P. is important in achieving early success in our gas production revenue future," stated Jacob Roth, President, Royal Energy Resources, Inc.