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: Roy Chiesa who wrote (8)2/13/1997 4:26:00 PM
From: Wayne Olive   of 141
 
Roy, Royale completed the Bowerbank 6 well, news came out recently on it. Royale Energy does turnkey direct ownership drilling and markets the gas directly to companies like PG&E, city of Long Beach, etc. They drill primarily in the Sacramento valley and some in south central California. These areas are close to their markets. Here's their lastest news release:

Wednesday February 12 1:12 PM EDT

Royale Energy Inc. completes Bowerbank 6 well

SAN DIEGO--(BUSINESS WIRE)--Feb. 12, 1997--The Bowerbank 6 was completed and tested on Feb. 7, 1997.

A comparatively thin zone from a depth of 4,762 feet was perforated and flowed at very high rates of over 1,300,000 MCF per day with only 100 psi drawdown.

Two additional gas sands totaling 20 feet of pay remain behind pipe for later production. Pipeline construction will begin next week and the well should be selling gas later this month.

CONTACT: Royale Energy Inc., San Diego
Jack M. Connolly, 800/447-8505
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext