ROYL - Royale Energy Message Board

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Gold/Mining/Energy : ROYL - Royale Energy

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To: Wayne Olive who wrote (28)	4/30/1997 9:02:00 PM
From: Rooster Cogburn	of 141

Wayne Hey, I didn't think anyone else was monitoring this thread. Unfortunately, I don't own any stock in this company at this time. Wayne, I don't know the first thing about these wells that Royale is drilling. I would appreciate the simplest of explanations about some of the news release references. (ie "numerous zones of pay sands") What attracts me to this stock is the progressive growth the company has shown over the last couple of years. The steadily increasing revenues seem to indicate a health company. Also, I like the way the stock price moves. It doesn't seem to fluxiate, but steadily increases. If I can free up some funds and still buy in at 5 I believe this stock will treat me very nicely. From the news release, "On April 18, the well was connected to the pipeline and put on production." This line did happen to catch my eye. The company was not simply annoucing a successful drilling, but a successful drilling that is currently producing. As you said, "record time" and "the fastest ever", this company must be on the ball. Rooster

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