Royale Successfully Completes Dorset Well
March 11, 2013
Royale Energy Inc. (Nasdaq: ROYL) has completed its new Dorset well with a flow rate of 1.375 million cubic feet per day.
According to the release, this well is among the most successful of more than 31 wells Royale has drilled in the Sacramento Basin on proprietary 3D seismic data.
Royale's independent reserve engineering firm considered sand thickness, depth and areal extent in their estimate of 2.2 billion cubic feet of natural gas to be produced from this discovery. The Dorset well confirms the company's optimism for this year's drilling ...
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