Royale Energy +20%, says large drillable target identified

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

Royale Energy (ROYL+20.6% premarket on news it has identified a large drillable target on its Alaskan 3D seismic.

ROYL says anomalies found in the seismic are located within a critical interval of prospectivity, where elsewhere on Alaska's North Slope the same characteristics have seen excellent exploration results.