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Paragon Report Provides Equity Research on Legend Oil and Gas Limited (LOGL) and Royale Energy, Inc. (ROYL)

The Paragon Report, an independent research portal that provides investors with daily trading ideas and consolidates public information, announced that it has issued its equity research for two key companies in the oil and gas sector. Information released through the Paragon Report regarding Legend Oil and Gas Limited and Royale Energy, Inc. led to an increase in share prices for both companies.

According to the Paragon Report, low gas prices that have persisted for most of 2011 have caused several high profile oil and gas explorers to increase production as oil trades at its highest level relative to gas. While gas output in the US is forecast by the US Energy Department to grow only 2 percent in 2012, it is expected that oil production will be up 4 percent to 5.92 million barrels a day which is the highest amount since 1998.

Legend Oil and Gas, Ltd., a managed risk, oil and gas exploration/exploitation, development and production company, focuses on leases in Canada, southeastern Kansas and northern North Dakota. The company has seen its stock almost double recently as it responded to two defamatory reports written by a short seller regarding its management.

Royale Energy, a company focused on the development, acquisition, exploration and production of natural gas and oil, works in California, Texas, and the Rocky Mountains. Royale saw its stock increase substantially when it made two new natural gas discoveries in its core area.

To read more about what the Paragon Report said regarding these two companies, visit paragonreport.com/LOGL or paragonreport.com/ROYL

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