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Gold/Mining/Energy : ROYL - Royale Energy

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To: Wayne Olive who wrote (84)12/12/1997 1:43:00 PM
From: Roy Chiesa   of 141
 
Hi Wayne, you are right about that area of the California Delta. Aspen has hit really good size wells in this area just north of the giant Rio Vista field. All augers well for ROYL which also has holdings in the Denverton field. The whole surrounding area, which I have driven, is bringing in good size wells with good btu ratings. I guess we are still waiting for results of ROYL's drilling on Jersey.....

happy holidays, Roy

P.S. A well drilled by Curlew Lakes Resources on Bacon Island, which is south and east of Denverton in the delta, appears to have come up dry which is somewhat of a surprise since Bacon Island has a number of successful wells. Maybe the geologists missed by a few feet?? Another "big" drill about to commence is by Tri Valley Corp, farther south in the Tracy area, is going down to 12,500 feet, a record depth in California for dry gas wells if it succeeds.
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