Royal Energy's First Well in Two-Well Project
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Initial Test Projects 75 MCF/Day and 15 Barrels of Oil/Day BROOKLYN, N.Y.--(Business Wire)-- Royal Energy Resources, Inc. (OTCBB:ROYE) announced today that the initial natural gas flow rate tests through the drill pipe on its Washington County, Oklahoma well exceeded 750,000 cubic feet and 15 barrels of oil per day. This represents the first of two-well projects in Washington County, Oklahoma intended to increase the proven reserves and profitability of the company. Royal Energy owns a 25% working interest in this initial well and with a second developmental well to be started immediately. Jacob Roth, CEO of Royal Energy stated, "We are pleased with the initial results of our first well and are looking forward to beginning the next well to determine if our analysis regarding the gas reserves in Washington is accurate." Safe Harbor Statement Certain statements included in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions are generally considered forward-looking statements. These statements reflect our current expectations. Royal Energy Resources, Inc. Jacob Roth, 800-620-3029 Copyright Business Wire 2008
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