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


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.

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