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Royale and CRPC Report New Discovery in the Rio Vista Field

10/01/2019

Royale Energy, Inc. announces that production casing was set on the recently drilled RVGU #33-1 well in the Rio Vista Field in partnership with California Resources Production Corporation (CRPC).  The open hole logs indicate 174 net ft. of probable gas zones and 37 net ft. of possible gas zones.  The company anticipate testing the well within the next five to ten days.

“We are excited that the first well drilled under the new Joint Venture with CRPC appears to be a strong gas well,” said Johnny Jordan, Chief Executive Officer.  “This first well is a good indicator of the potential of the new prospects we have identified in the Rio Vista Field.”  The RVGU #33-1 is the first of the 30 wells Royale intends to drill under our three-year Joint Venture arrangement with California Resources Production Corporation in the Rio Vista Field.     

The Rio Vista Field is the largest natural gas field in California. It was discovered in 1936 and has produced approximately 4 trillion cubic ft. from more than 15 stacked natural gas reservoirs. 

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