Royale Makes New Gas Discoveries

Royale Energy ROYL today announced that it has successfully drilled the North East Parks #1. The discovery of gas in the two most recent wells brings the year-to-date drilling to six, compared to five in all of 2009. The North East Parks #1 in the LoneStar field, and the Victor Ranch 3-9 in the East Rice Creek field, represent important advances in the ongoing development of these key areas. The completion of the Victor Ranch 3-9 resulted in producible gas from one of the 3 drilled zones. Completion of the North East Parks #1 will commence immediately following the on-going testing of the Victor Ranch 3-9. Royale plans to drill at least six more natural gas wells in California this year. Production from Victor Ranch 3-9 and North East Parks #1 is expected to begin in August, contributing to 3rd quarter revenue.
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