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Gold/Mining/Energy : ROYL - Royale Energy

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To: John M. Allen who wrote (66)8/9/1997 7:16:00 PM
From: Roy Chiesa   of 141
 
John, good article on gas and electric mergers. Gosh I didn't know you were into conservative stuff.

Just got my copy of the Royal Energy Report Vol X No. l which has some good information. Just comparing their well sites on the map with the same makp in the 1996 annual report gives one a good picture of the progress being made.

I wonder if folks realize how few shares of ROYL are outstanding and the current stock price and income relationships?

Roy L
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