ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for tools Level up your trading with our powerful tools and real-time insights all in one place.
Royal Energy Resources Inc (CE)

Royal Energy Resources Inc (CE) (ROYE)

0.50
0.00
(0.00%)
Closed June 03 4:00PM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
0.50
Bid
0.00
Ask
0.00
Volume
-
0.00 Day's Range 0.00
0.00 52 Week Range 0.00
Previous Close
0.50
Open
-
Last Trade
Last Trade Time
Average Volume (3m)
-
Financial Volume
-
VWAP
-

ROYE Latest News

No news to show yet.
PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10000000CS
40000000CS
120000000CS
260000000CS
520000000CS
156-0.75-601.251.30.12510980.4719646CS
260-1.3-72.22222222221.83.20.00555380.76371135CS

Market Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
YGMZMingZhu Logistics Holdings Limited
$ 0.5849
(71.93%)
3.68M
ERNAEterna Therapeutics Inc
$ 2.50
(31.58%)
5
ELWSEarlyworks Co Ltd
$ 2.80
(31.46%)
182.8k
BCGBinah Capital Group Inc
$ 13.74
(26.75%)
39.18k
HOLOMicroCloud Hologram Inc
$ 1.83
(26.21%)
3.09M
PRTGPortage Biotech Inc
$ 0.3714
(-22.45%)
81.02k
NAOVNanoVibronix Inc
$ 0.65
(-19.66%)
3
ISPCiSpecimen Inc
$ 0.35
(-18.59%)
386.49k
VORVor Biopharma Inc
$ 1.14
(-15.56%)
1
SHPHShuttle Pharmaceuticals Holdings Inc
$ 0.4573
(-15.31%)
10.05k
FFIEFaraday Future Intelligent Electric Inc
$ 0.6825
(16.99%)
15.96M
CRKNCrown Electrokinetics Corporation
$ 0.1202
(20.20%)
13.61M
YGMZMingZhu Logistics Holdings Limited
$ 0.5849
(71.93%)
3.68M
HOLOMicroCloud Hologram Inc
$ 1.83
(26.21%)
3.09M
HLTHCue Health Inc
$ 0.0688
(1.78%)
2.04M

ROYE Discussion

View Posts
nickypicky nickypicky 7 years ago
P/e is cheap.
πŸ‘οΈ0
nickypicky nickypicky 7 years ago
The company seems to be doing fine but as a whole this is very confusing and they need to be clearer in what they are doing and their relationship with Rhino. They need a concise report.
πŸ‘οΈ0
$Pistol Pete$ $Pistol Pete$ 8 years ago
$ROYE Royal Energy Resources Completes Initial Transaction to Acquire Control of Rhino Resource Partners, LP

Source: Marketwired
Royal Energy Resources Completes Initial Transaction to Acquire Control of Rhino Resource Partners, LP

CHARLESTON, SC-(Marketwired - Jan 25, 2016) - On January 21, 2016 Royal Energy Resources, Inc. ("Royal") (OTCQB: ROYE) entered into a Securities Purchase Agreement (the "Purchase Agreement") with Wexford Capital, LP, and certain of its affiliates (collectively, "Wexford"), under which Royal agreed to purchase, and Wexford agreed to sell, a controlling interest in Rhino Resource Partners, LP ("Rhino") (OTCQB: RHNO) in two separate transactions. Pursuant to the Purchase Agreement, Royal purchased 6,769,112 Common Units of Rhino from three holders for total consideration of $3,500,000.

The Common Units purchased by Royal represent approximately 40.0% of the issued and outstanding Common Units of Rhino, and 23.1% of the total outstanding Common Units and Subordinated Units. The Subordinated Units are convertible into Common Units on a one for one basis upon the occurrence of certain conditions.

At a second closing, to be held upon the satisfaction or waiver of certain conditions, but no later than sixty days after January 21, 2016, Royal has agreed to purchase Rhino GP, LLC, and 9,455,252 Subordinated Units of Rhino from two holders thereof, for aggregate consideration of $1,000,000. The Subordinated Units to be purchased by Royal represent approximately 76.5% of the issued and outstanding Subordinated Units of Rhino, and when combined with the Common Units already owned by Royal, will result in Royal owning approximately 55.4% of the outstanding Units of Rhino. Rhino GP, LLC is the general partner of Rhino, and in that capacity controls Rhino.

William Tuorto, Royal's Chairman and Chief Executive Officer commented, "We are extremely pleased with our investment in Rhino, a company with significant value assets, as compared to its current debt position. We are currently working with Rhino's management to optimize its assets and operations for current market conditions. Our goal, ultimately, is to increase Rhino's profitability and resume distributions to the unit-holders."

About Royal Energy Resources, Inc.
Royal Energy Resources, Inc. is focused on the acquisition of coal, gas and renewable energy assets that are profitable at current distressed prices. We believe that current market conditions present a rare opportunity to purchase high-quality assets at a fraction of their book or enterprise values. Additional information regarding Royal is available on its web site - www.royalenergy.us.

Forward Looking Statements

This press release includes forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 relating to matters such as prospects, anticipated operating and financial performance. Actual prospects and performance may differ from anticipated results due to economic conditions and other risks, uncertainties and circumstances partly or totally outside the control of the Company. These and other risks are described in the Company's reports filed with the United States Securities and Exchange Commission. These forward-looking statements are made only as of the date of this communication and Royal Energy Resources, Inc. undertakes no obligation to update or revise these forward-looking statements.

Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Royal undertakes no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, unless required by law.

Investor Contact:
William Tuorto
+1 843-900-7693
info@royalenergy.us



πŸ‘οΈ0
stocktrademan stocktrademan 9 years ago
$ROYE recent news/filings

bullish

## source: finance.yahoo.com

Thu, 06 Aug 2015 20:49:03 GMT ~ ROYAL ENERGY RESOURCES, INC. Files SEC form 8-K, Unregistered Sale of Equity Securities, Regulation FD Disclosure, Fi


read full: http://biz.yahoo.com/e/150806/roye8-k.html
*********************************************************

Thu, 06 Aug 2015 17:33:00 GMT ~ Royal Energy Resources Funds Initial $2,500,000 Offering; Raises Total Offering Amount To $7,500,000

[PR Newswire] - CHARLESTON, S.C., Aug. 6, 2015 /PRNewswire/ -- Royal Energy Resources, Inc. (OTC Markets: ROYE) today announced it has over-subscribed its initial round of financing, in the original amount of $2,500,000, and increases its Offering amount to $7,500,000. In order to fund recently acquired operations and contemplated acquisitions, the Company recently opened two private Offerings, in the amounts of $2,500,000 and $30,000,000. On June 8, 2015, the Company offered 1,000,000 shares of common stock at $2.50 per share, for aggregate proceeds of $2,500,000, representing approximately 8.9% of the issued and outstanding Common Stock of the Company, on a fully diluted basis.

read full: http://finance.yahoo.com/news/royal-energy-resources-funds-initial-173300305.html
*********************************************************

Wed, 05 Aug 2015 17:22:00 GMT ~ Royal Energy Resources Announces Recent Material Transactions

[PR Newswire] - On March 6, 2015, the Company underwent a change of control, whereby William Tuorto and his investment firm E-Starts Money Co. acquired an aggregate of 7,998,876 shares of Common Stock and 51,000 shares of Series A Preferred Stock. As a result, Mr. Tuorto became the beneficial owner of 92.3% of the outstanding Common Stock and 51% of the Preferred Stock.

read full: http://finance.yahoo.com/news/royal-energy-resources-announces-recent-172200631.html
*********************************************************

Tue, 21 Jul 2015 17:04:08 GMT ~ ROYAL ENERGY RESOURCES, INC. Financials


read full: http://finance.yahoo.com/q/is?s=roye
*********************************************************

Sat, 18 Jul 2015 00:09:25 GMT ~ 10-Q for Royal Energy Resources, Inc.


read full: http://www.companyspotlight.com/routers/headline/26927/10004/6537041?cp_code=YAH1&1437178165
*********************************************************

$ROYE charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$ROYE company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/ROYE/company-info
Ticker: $ROYE
OTC Market Place: OTCQB
CIK code: 0001102392
Company name: Royal Energy Resources, Inc.
Company website: http://www.royalenergy.us
Incorporated In: DE, USA

Business Description: Royal Energy Resources, Inc. is a development stage Company which focuses primarily on energy projects in the United States of America

$ROYE share structure

## source: otcmarkets.com

Market Value: $126,716,415 a/o Aug 24, 2015
Shares Outstanding: 12,068,230 a/o Jun 30, 2015
Float: Not Available
Authorized Shares: 500,000,000 a/o Feb 12, 2015
Par Value: No Par Value

$ROYE extra dd links

Company name: Royal Energy Resources, Inc.
Company website: http://www.royalenergy.us

## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/ROYE/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/ROYE/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=ROYE+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=ROYE+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=ROYE+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/ROYE/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/ROYE/news - http://finance.yahoo.com/q/h?s=ROYE+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/ROYE/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/ROYE/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/ROYE/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/ROYE/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/ROYE/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/ROYE/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/ROYE/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/ROYE/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=ROYE+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/ROYE
DTCC (dtcc.com): http://search2.dtcc.com/?q=Royal+Energy+Resources%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Royal+Energy+Resources%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Royal+Energy+Resources%2C+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.royalenergy.us
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.royalenergy.us#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.royalenergy.us

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/ROYE/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/ROYE
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/ROYE/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/ROYE/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/ROYE/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001102392&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/ROYE/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/ROYE/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/ROYE/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/ROYE/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=ROYE&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=ROYE
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/ROYE/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=ROYE+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=ROYE+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=ROYE
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=ROYE
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=ROYE+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/ROYE/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=ROYE+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/ROYE.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=ROYE
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/ROYE/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/ROYE/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/ROYE/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/ROYE/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/ROYE
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/ROYE
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/ROYE:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=ROYE
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=ROYE



$ROYE DD Notes ~ http://www.ddnotesmaker.com/ROYE
πŸ‘οΈ0
nickypicky nickypicky 9 years ago
This is trading pretty well and looks good here.
πŸ‘οΈ0
Dina Dina 9 years ago
I had shares .003 pre 1 for 500 reverse split. Now $24? Wow
πŸ‘οΈ0
Rock_nj Rock_nj 9 years ago
No joke. Now +129.54%.

ROYE $23.00 +12.98 (129.54%)

Some kind of forced covering or something going on here.
πŸ‘οΈ0
KingErik999 KingErik999 9 years ago
Is this a joke?

πŸ‘οΈ0
Leonis Leonis 9 years ago
I might hold for a while. What do you think what would be high price target. I'm guessing $8-9.
πŸ‘οΈ0
patou patou 9 years ago
Me four???
πŸ‘οΈ0
slingwing1 slingwing1 9 years ago
Me three. Cleared ROYE the other day with a pre R/S profit. Sometimes it pays to just sit and wait. Thought I would sit on this one for life and maybe buy down when it hit trips.
πŸ‘οΈ0
Leonis Leonis 9 years ago
That's what I said. What the hell!
πŸ‘οΈ0
KingErik999 KingErik999 9 years ago
What the hell???

.25 to $5.00 in a week...whoa...

E
πŸ‘οΈ0
irieute irieute 11 years ago
Damn, This exactly the reason I invest in penny stocks. Too bad I never found this one months back!
πŸ‘οΈ0
Leonis Leonis 11 years ago
Did I miss someting news came out?
πŸ‘οΈ0
kranthikumar kranthikumar 11 years ago
ROYE is gain by 104%
πŸ‘οΈ0
WillForeall WillForeall 12 years ago
This company is a pos took 92% of everyone's shares! Share structure was already low.
πŸ‘οΈ0
Renee Renee 12 years ago
ROYE one for 500 reverse split:

http://www.otcbb.com/asp/dailylist_detail.asp?d=09/28/2012&mkt_ctg=OTCBB
πŸ‘οΈ0
Kobe Ginobili Kobe Ginobili 12 years ago
QB 155k 3mo. avg. volume

Contact Info
543 Bedford Avenue
#176
Brooklyn, NY 11211

Website: http://www.royeinc.com
Phone: 800-620-3029
Email: roye177@aol.com

Update Company Info
Business Description
Financial Reporting/Disclosure
Reporting Status SEC Filer
Audited Financials Audited
Latest Report Not Available
Regulatory Agency Not Available
CIK 0001102392
Fiscal Year End 8/31
OTC Market Tier OTCQB
Profile Data
SIC - Industry Classification 1311 - Crude petroleum and natural gas
Incorporated In: DE, USA
Year of Inc. Not Available
Employees Not Available
Company Officers
Jacob Roth President, CEO, CFO
Company Directors
Not Available
Company Notes
Formerly=World Marketing, Inc. until 12-07
Service Providers
Auditor/Accountant
Paritz and Company, P.A.
15 Warren St.
Suite 25
Hackensack, NJ, 07601
United States

Legal Counsel
Robert Brantl
52 Mulligan Lane
Irvington, NY, 10533
United States

Investor Relations Firm
Not Available
ROYE Security Details
Share Structure
Market Value1 $68,611 a/o Sep 21, 2012
Shares Outstanding 85,763,731 a/o Jun 29, 2012
Float 41,000,000 a/o Mar 15, 2011
Authorized Shares 100,000,000 a/o Dec 02, 2007
Par Value No Par Value
Shareholders
Shareholders of Record 85 a/o Dec 07, 2011
Short Selling Data
Short Interest 321 (100%)
Aug 31, 2012
Significant Failures to Deliver No
Transfer Agent(s)
Routh Stock Transfer
πŸ‘οΈ0
windough-shopper windough-shopper 12 years ago
YET!
πŸ‘οΈ0
windough-shopper windough-shopper 12 years ago
as of now

not much to see
πŸ‘οΈ0
windough-shopper windough-shopper 12 years ago
further into this
πŸ‘οΈ0
windough-shopper windough-shopper 12 years ago
to see if its worth looking
πŸ‘οΈ0
windough-shopper windough-shopper 12 years ago
am starting to look
πŸ‘οΈ0
Timothy Smith Timothy Smith 12 years ago
Lovely neighborhood..... if your an artist :)
πŸ‘οΈ0
Timothy Smith Timothy Smith 12 years ago
Or convertible notes...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78435899
πŸ‘οΈ0
ABCtrader1027 ABCtrader1027 12 years ago
Glad someone finds this amusing. Good luck to u
πŸ‘οΈ0
lowrider07 lowrider07 12 years ago
Bag holders.
πŸ‘οΈ0
craneholio craneholio 12 years ago
Want to have a little laugh...

Put the corporate address into Google Maps and see what comes up

543 Bedford Ave., #176, Brooklyn, New York 11211

nice......
πŸ‘οΈ0
Hokie Hokie 12 years ago
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=8414268
πŸ‘οΈ0
ABCtrader1027 ABCtrader1027 12 years ago
wow!! didnt see this coming... thinking that only reason why they increase of a/s cuz of possible merger
πŸ‘οΈ0
Timothy Smith Timothy Smith 12 years ago
Seems like it could be the makings of something interesting. The precious metal component and the probably increase in authorized seem to be the stand out factors to be cautious about but the right acquisition or deal and the stock could perform. Have you spoken to the CEO?
πŸ‘οΈ0
ABCtrader1027 ABCtrader1027 12 years ago
Unfortunately not. if not mistaken this is the first time in three years that ROYE released a pr. a good sign for us fellow shareholders.
πŸ‘οΈ0
Timothy Smith Timothy Smith 12 years ago
Any idea what the sell of the project is going to yield to $ROYE?

Also do they know the development plans of the asset and what upside the 1% ORR will impact it?
πŸ‘οΈ0
ABCtrader1027 ABCtrader1027 12 years ago
adding more. once we see the closing of this LOI we gonna get the volume is lacking right now. it trades so thin...back to a penny for sure
πŸ‘οΈ0
Timothy Smith Timothy Smith 12 years ago
Oh trust me I'm not investing any money here was just interested in their oil & gas ventures, if any.

I see the increase of authorized as necessary as there is only 100M authorized. A reasonable increase based on the price would be justifiable and could present an opportunity, if (and a big IF at that)they had any developments to become a reputable E & P company.

This non sense about precious metals is a pretty clear indication that will not likely happen.
πŸ‘οΈ0
Dina Dina 12 years ago
On April 5, 2012, the Company’s Board of Directors approved making the notes convertible into up to 40 million shares of the Company’s common stock. In order to issue the required shares, either the controlling shareholders of the Company will increase the authorized shares of the Company or the Company’s CEO will cancel shares previously issued to him.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8545276

Dont tell me he will cancel shares. ;)
He will increase the A/S and i see dilution. Not enough interest in ROYE. He cant sell enough shares, that´s why he will release some news, like last year!
What happened after all these great news last year? Its a POS without any business, without employees, no doubt about that!
But wish you luck!

πŸ‘οΈ0
Timothy Smith Timothy Smith 12 years ago
Is this an energy company or a mineral company?

Royal Energy Resources's oil and gas leases comprise 3,400 acres of property in Wyoming. The company holds the lease for uranium rights on 1,000 acres in Laramie County, Wyoming. According to the Wyoming Tribune-Eagle dated August 9, 2007 and October 15, 2007 Powertech Uranium Corp. based in Vancouver, British Columbia, Canada has proposed a $20,000,000 uranium mine in Weld County, CO. At prices of 2007 the uranium there would be worth over $1 billion dollars. They are just waiting for a permit approval. Royal has 1,600 acres in Laramie County, Wyoming. It is in the uranium trend approximately 25-30 miles from where Powertech is.

The company also holds the lease for 2,100 acres of rare earth and precious metals in Crook County, Wyoming. Some of the rare earth metals in Crook county are quite close. They are approximately 5-6 miles from the Bear Lodge Mountain. The US geological survey has studied the area of the Bear Lodge Mountain extensively (USGS Prof. paper #1049-D) and has estimated that it contains one of the largest deposit of disseminated rare earth elements in North America. The company's CEO completed the initial stages of forming a Romanian subsidiary to be used to acquire and develop possible gold, silver, and copper mining concessions in Romania. The subsidiary S.C. Golden Carpathan resources S.R.L. will be located in Bucharest, Romania when the formation process is completed.
πŸ‘οΈ0
Timothy Smith Timothy Smith 12 years ago
Ha thanks for the information. Does this CEO have a history of doing that?
πŸ‘οΈ0
Dina Dina 12 years ago
Next move is, CEO will increase the A/S and then dilute this shell to 0.0001, maybe some Pump news will be also released.
ROYE has no employees, ROYE is a pump and dump, no real business!
πŸ‘οΈ0
Timothy Smith Timothy Smith 12 years ago
What's the next move here on $ROYE?

Royal Energy Resources, Inc. (ROYE) Signs LOI with Chase Oil Corporation and Retains 1% Overriding Royalty in Converse County, Wyoming Oil and Gas Lease

Aug 6, 2012 3:47:00 PM
BROOKLYN, N.Y., Aug. 6, 2012 /PRNewswire/ -- Royal Energy Resources, Inc. (OTCBB: ROYE), is pleased to announce that the Company signed an LOI with Chase Oil Corporation to sell its interest in 320 mineral acres in Converse County, Wyoming. The Company will retain a 1% overriding royalty interest as a part of the transaction.

"The field in Converse County makes another acquisition in Wyoming of oil and gas mineral rights which is important in achieving early success in our oil and gas development stage future revenue," stated Jacob Roth, President of Royal Energy.

We look forward to keeping you updated in the near future.

About Royal Energy Resources, Inc.

Royal Energy Resources, Inc. ("Royal" or the "Company"), is an oil and gas development stage exploration and production company and currently owns interests in other counties in Wyoming. Royal has developed a corporate strategy of identification, acquisition and development of domestic oil 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:

Royal Energy Resources, Inc.

Jacob Roth President - Tel (800) 620-3029







SOURCE Royal Energy Resources, Inc.
πŸ‘οΈ0
KingErik999 KingErik999 12 years ago
Heeellloooooo? Everybody give up here?

Watching..
πŸ‘οΈ0
WillForeall WillForeall 12 years ago
Someone trying to keep ROYE down. Hoping for more news coming!!!
πŸ‘οΈ0
Estrella Estrella 12 years ago
ROYE @ .003!
πŸ‘οΈ0
WillForeall WillForeall 12 years ago
Let's go ROYE!!!!!
πŸ‘οΈ0
KingErik999 KingErik999 12 years ago
Yes, needs some volume...and not a lot. A few takers at the ask and a few bidders to hold'r up will keep this stable. If not today or tomorrow, then it's going to be a battle to stay above .005 until more info on LOI and status.

Let's crack .006 & hold above it today and the chart will look stable for other tech'ers out there.

More news would be nice though.

GL

E

πŸ‘οΈ0
ABCtrader1027 ABCtrader1027 12 years ago
Need more bid support or we go anywhere
$ROYE
πŸ‘οΈ0
Phantom_Trader Phantom_Trader 12 years ago
Picked up another 100K :)
πŸ‘οΈ0
ABCtrader1027 ABCtrader1027 12 years ago
Bid whack again...
this is just dumb
πŸ‘οΈ0
Garyst Garyst 12 years ago
Agreed.
πŸ‘οΈ0