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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (80383)11/30/2000 12:02:30 PM
From: Wowzer  Read Replies (1) | Respond to of 95453
 
TDW under 40...... Hasn't been there in a Looooooong time....



To: isopatch who wrote (80383)11/30/2000 12:02:35 PM
From: excardog  Respond to of 95453
 
iso this is bound to help cash flow:

Press Release
Royale Sells December Natural Gas for $14.50 Per Mcf
SAN DIEGO--(BUSINESS WIRE)--Nov. 30, 2000--Royale Energy (Nasdaq:ROYL - news) sold 7,000 Mcf per day for the 31 days in December for $14.50 per Mcf.

This represents 70 percent of Royale's operated daily natural gas production and does not include non-operated wells. Additional wells will begin production during the month.

The remaining December production will be sold on an index price, which may be higher or lower than the fixed price of $14.50 on the 7,000 Mcf per day.

Royale is not locked into long-term contracts but sells production at market prices on either a monthly or daily basis.

Royale Energy is an independent producer of natural gas and oil primarily in California. Headquartered in San Diego, the company applies modern computer-aided exploration technologies in the exploration and development of oil and/or natural gas.