Royale Energy, Inc. has begun drilling the NW Parks well, the third prospect in the newly discovered lower Forbes formation. This well is a Follow up to the company’s Goddard #7-1 and Wylie #1 discoveries, designed to test the down-dip limits, helping to define the total field extent. The rig is expected to reach reservoir depth by December 12, when it will be moved to the Vann #1 drill-site.

The Vann #1 well further develops this new deeper objective and is expected to reach total depth by the end of the year. Following completion of the NW Parks and Vann, natural gas will flow through the company’s existing infrastructure, tied into the neighboring Lonestar field.

Construction of the pipeline for delivery of the gas from the Goddard and Wylie wells is now underway. This extension is engineered to transport the higher rates and pressures of these and future wells.

By year-end, Royale also expects to have results from two additional wells drilled in the Thornton gas field. These high potential, shallow prospects are located in the southern end of the Sacramento basin.

With the California Natural Gas market strengthening to $5.48 per MCF, the company is confident in its planning for 2010 drilling expenditures of no less than 10 new wells.

Tags: Royale Energy