Diversified Oil and Gas Holdings (DVFI)

[Imperial Whazoo]

You got it nosey -

I remember back when I first read the financing PR and I went and looked up Royal the filling station company on the web. It never made sense because nowhere could a connection between over 200 wells in the Sacremento Valley area / Grimes be found. Aspen may have 200 or more. Obviously, Royale Energy has a huge leasehold in Grimes, but the PR said Royal Petroleum, and the author of the article on the Sacremento Valley activity surely would have mentioned it if Royal Petroleum were a player in the area with upwards to 200 wells available for reworking. It never made sense.

Only later did I sniff around until I found the liquidation or Royale Petroleum and realized that its assets had been absorbed into Royale Energy but the shell of Royale Petroleum appears to have been retained "for administrative convenience". All of the sudden, it made sense that the financing was Royale not Royal & maybe a spelling error explained a lot. I may be wrong but Royale Energy is Grimes's major player and Royal Petroleum is nowhere to be mentioned as a leaseholder, much less an operator out there in Grimes.

I could be wrong, but we are in hurt in a huge way because of the deliberate lack of transparency. All that leaves us with is a jigsaw puzzle. We are left to put the pieces together into an overall picture that makes sense. I'm sure I'm wrong in a bunch of details but I think I'm heading down the right track.

Thanx etc...

Imperial Whazoo