SAN DIEGO, Feb. 28, 2014 (GLOBE NEWSWIRE) -- Royale Energy, Inc. (Nasdaq:ROYL) today announced that its Victor Ranch 3-20 well was drilled to a total depth of 5,555 ft. Three separate seismically defined target zones were encountered and electric logs indicate natural gas potential in all three zones.
The deepest natural gas sand has been completed and put into production at 200,000 – 300,000 cubic ft. per day.
Victor Ranch is where Royale Energy has discovered the most natural gas in its history.
Forward Looking Statements
In addition to historical information contained herein, this news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, subject to various risks and uncertainties that could cause the company's actual results to differ materially from those in the "forward-looking" statements. While the company believes its forward looking statements are based upon reasonable assumptions, there are factors that are difficult to predict and that are influenced by economic and other conditions beyond the company's control. Investors are directed to consider such risks and other uncertainties discussed in documents filed by the company with the Securities and Exchange Commission.