SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : ROYL - Royale Energy
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wayne Olive who wrote (87)1/30/1998 7:51:00 PM
From: Mark Adams  Read Replies (1) of 141
 
How long would you say the ROYL wells you participate in will produce?

Robo is at 942 Searcy Way, Bowling Green Kentucky, 42103. I found an email address for them, robo@premiernet.net. They haven't fully subscribed their present program, yet have drilled their first two wells anyway, "with promising indications" per the rep I spoke with.

I wanted to know what kind of flow rates they saw on their first two wells, which he explained wouldn't be measured until completion work had been done. Which makes sense but I can't plug it into a spreadsheet to estimate returns.

I basically told all three companies that I was new to the arena, and just wanted to get familiar with the technology & companies in preparation for investing at a later date. Would you say that some familiarity with geology and the particular prospects is advisable before plucking down your hard earned cash?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News