RYPL NEWS
Royal Petroleum Corp. Announces Forward Stock Split
CALGARY, Alberta, Apr 5, 2007 (PrimeNewswire via COMTEX) -- Royal Petroleum Corporation (Other OTC:RYLP) (GR:R7P) Board of Directors has approved a forward split of the Company's stock. Shareholders of record as of April 23, 2007 will receive 5 (five) common shares for every 1 (one) common share held. There will be no change in the par value of the shares. Royal Petroleum shareholders of record will be issued the additional shares by mail on payment date of May 11, 2007 and will not be required to surrender existing certificates.
www.royalpetro.com
About Royal Petroleum Corp.
At Royal Petroleum Corp. our focus is on the acquisition of existing oil and gas wells, bringing them back into production for re-sale by using the latest technologies available. We strive to continually fulfill the energy requirements of tomorrow by partnering with various organizations and individuals committed to the exploration, development, and production of our domestically-abundant natural resources, with a primary focus on crude oil and natural gas. We believe the fundamentals favor crude oil and natural gas as dominant commodities for the foreseeable future and it is absolutely necessary to look to our domestic sources for our energy needs in the future.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. Statements in this release
that are forward-looking statements are based on current expectations and
assumptions that are subject to known and unknown risks, uncertainties, or other
factors which may cause actual results, performance, or achievements of the
company to be materially different from any future results, performance, or
achievements expressed or implied by such forward-looking statements. Actual
results could differ materially because of factors such as the effect of general
economic and market conditions, entry into markets with vigorous competition,
market acceptance of new products and services, continued acceptance of existing
products and services, technological shifts, and delays in product development
and related product release schedules, any of which may cause revenues and
income to fall short of anticipated levels. All information in this release is
as of the date of this release. The company undertakes no duty to update any
forward-looking statement to conform the statement to actual results or changes
in the company's expectations.
