ROYL - Royale Energy Message Board

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Gold/Mining/Energy : ROYL - Royale Energy

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To: bral who wrote (109)	12/6/1998 12:21:00 AM
From: Roy Chiesa	Read Replies (1) of 141

Hello Bral, yes there are a few of us direct working interest investors on here. Did you take a field trip with Royale to one of their drilling sites? In the '98 packages a couple of wells have been drilled so far but the pace is rather slow due in part to some of the conditions in the sites, such as having to wait for the rice crop to be harvested before they can put a drilling rig into the field. I see that the 1998-C package has now been announced. The tax thing seems to work fine and if they can maintain a good hit percentage the monthly disbursements can increase over time. welcome aboard.

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