SOURCE: Royal Energy Resources, Inc.

February 28, 2011 08:00 ET

Drilling Plans Near Royal Energy's 4% Overriding Royalty Interest in Natrona County, Wyoming Oil & Gas Lease

BROOKLYN, NY--(Marketwire - February 28, 2011) - Royal Energy Resources, Inc. (OTCBB: ROYE) is pleased to announce that Bill Barrett Corporation (BBC), has plans to apply for permits to drill horizontal wells with multi-stage fracturing stimulation, targeting the Mowry shale approximately one mile from Royal Energy's lease in the Bonefish Prospect, T35N R83W in Natrona County, Wyoming. Royal Energy owns a 4% overriding interest in approximately 300 acres, which is also being developed by BBC, a Denver, Colorado-based NYSE company.

"The adjacent potential drilling by industry leader Bill Barrett Corporation will enhance the value of Royal Energy's oil and gas lease," stated Jacob Roth, President of Royal Energy Resources, Inc.

About Royal Energy Resources, Inc.

Royal Energy Resources, Inc. ("Royal" or the "Company"), is an oil and gas exploration and development stage company and currently owns interests in Natrona and other counties in Wyoming. Royal has developed a corporate strategy of identification, acquisition and development of domestic and gas reserves, thereby reducing U.S. dependence on foreign oil.

Safe Harbor Statement

Forward-looking statements in this release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is for informational purposes only and is not an offer or solicitation to buy or sell the securities. 

Contact Information

  • Contact:
    Royal Energy Resources, Inc.
    Jacob Roth
    Ph: (800) 620-3029