2011-03-09-2011-03-02-2011-03-02
Transaction Type
Sellers
Buyers
Announce Date
Post Date
Close Date
Estimated Price
MM
Description
Acquired acreage position in Kern County that is prospective for Monterey shale.
San Diego-based Royale Energy Inc. (Nasdaq: ROYL) has closed the sale of certain assets in Kern County, California, to an undisclosed company for an undisclosed price.
The sale includes an undisclosed acreage position together with several infrastructure assets. Royale has retained an overriding royalty on the acreage, which is prospective for the Monterey shale.