ROYL - Royale Energy Message Board

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Gold/Mining/Energy : ROYL - Royale Energy

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To: John M. Allen who wrote (104)	6/4/1998 9:23:00 AM
From: Wayne Olive	of 141

John.. A little more promotion certainly would not hurt their equity price, and I think they deserve more credit for what they have accomplished. However, a good part of what they do is the direct working interest drilling, which can only be marketed privately to individuals at certain income levels. I look for more good developments from Royale now they have some great new California properties and and have invested in fresh 3D seismic to target more future wells. They seem to be doing the right moves in a good market, California and natural gas. You are right.. it is quiet on this board. :-) Wayne

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