Royal Energy Obtains 3% Overriding Royalty Interest in Platte & Goshen County Wyoming Oil & Gas Lease
ROYAL ENERGY RESOURCES, Inc. (OTCBB:ROYE) is pleased to announce that the Company now owns a 3% overriding royalty interest in Platte & Goshen County, Wyoming. The overriding royalty interest encompasses over 360 mineral acres, and the oil and gas production will be developed by Carpenter & Sons, a Casper, Wyoming based company.
“The field in Platte & Goshen County, Wyoming marks our third acquisition in Wyoming of oil and gas mineral rights. Teaming up with industry leaders like Carpenter & Sons is important in achieving early success in our gas production revenue future,” stated Jacob Roth, President, Royal Energy Resources, Inc.
About Royal Energy Resources, Inc.
Royal Energy Resources, Inc. (“Royal” or the “Company”), is an oil and gas exploration and production development stage company and currently owns interests in Platte & Goshen Counties in Wyoming. Royal has developed a corporate strategy of identification, acquisition and development of domestic oil and gas reserves, thereby reducing U.S. dependence on foreign oil.
Forward-looking statements in this release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell the securities.