Royale Energy partner says it's in talks on North Slope expansion

|About: Royale Energy, Inc. (ROYL)|By:, SA News Editor

Rampart Energy says in a presentation that it is "rapidly progressing" in its project in the North Slope of Alaska with Royale Energy (ROYL +4.2%).

Rampart says it is engaged in negotiations to expand its exposure to a "key petroleum fairway via the acquisition of additional acreage" which, if completed, would "materially add to the current acreage position" of the company.