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Timothy Smith

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Timothy Smith

Re: interloper post# 253

Sunday, 07/08/2012 5:52:05 PM

Sunday, July 08, 2012 5:52:05 PM

Post# of 1027
Looks like the market has found its bottom last month. Anybody holding at these levels? I think Alaska potential could be a mover to the company's pps as it unfolds. Thoughts?

The Company is encouraged by recent developments in regard to its Alaska acreage. With comments by Great Bear's President, Ed Duncan, stating that all the prospective Shublik acreage has now been leased by Great Bear and Royale Energy. This, together with the soon to be spud Halliburton/Great Bear test well, is expected to further confirm the prospectively of Royale's acreage within what the USGS has identified as a 2 Billion barrel shale play.

"My well came in big, so big, Bick and there's more down there and there's bigger wells. I'm rich, Bick. I'm a rich 'un. I'm a rich boy." - Jett Rink

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