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Regal Resources, Inc. (fka RSOU) RSS Feed

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Created
10/16/06
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This company is an interesting find off the BIGN board. RYLP last three issued pr's mirror BIGN pr's. BIGN is currently in the midst of a number of O&G acquisitions, and RYLP assets mirror an LOI announcement sometime earlier. Bign is in the midst of trying to swallow a much larger oil company and all hard assets (wells, deep rigs as wells as workover rigs, staff, wells, leases). Of note is the use of hydroslotting and N2Vision on royal site. Bign has proprietary rights/use of to N2Vision anywhere in the United States. Currently Bign has two wells in Grimes CA. being hydro slotted and expected to return better 1400 MCF.per day each. Also see Bign pr on NCO2 tech. acquisition. Most significant of this find is that bign has completed (almost?)but not announced the successful closing of LOI as announced, with Royal Petroleum a jv partner. You are encouraged to do your own due dilligence and form your own opinions. Of special interest to bign shareholders is the distinct possibility of a Royal spin off similar to the one experienced with Tyche Energy. Bign shareholders received one share of Tyche for every 30 shares of bign (or thereabouts). Currently tyeg is expected to start trading at 3.70 per share, the divvy giving them the shareholder base needed for such a move. Tyche has also announced intentions to trade on a foreign exchange (Frankfurt?)sometime in 2007. It is expected that something similar will happen with Royal, but at this point is nothing more than hopeful conjecture.One thing is for sure though, and that bign is setting up to rock with Royal behind them. As a last note, the share structure as posted on Royal's site is very interesting, the issued amounting to just under 10% of OS. By researching tyche divvy shares, the similarity could be said to be ....... Do your dd and then draw your own conclusions eh? http://www.royalpetro.com/home.php http://bignltd.com/ http://www.tycheenergy.com/home.php http://www.wwenergyinc.com/ This is a discussion board, play nice. Spam will be removed as I find it, same with any personal attacks.
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