Royale hires K&L Gates for shale project - April 22, 2012

Providing coverage of Alaska and northern Canada's oil and gas industryApril 2012

Vol. 17, No. 17

Week of April 22, 2012

Royale hires K&L Gates for shale project

Royale Energy Inc. recently hired law firm K&L Gates LLP to advise the company through its attempt to explore the source rock potential of its North Slope acreage.

K&L Gates attorney and former Alaska Department of Revenue Commissioner Patrick Galvin will lead the effort, according to the San Diego based independent.

“Patrick shares our desire to approach the appropriate regulatory and community entities with deference and respect,” Co-CEO Stephen Hosmer said in a statement. “We are guests on this land and we want to develop this resource in a responsible manner.”

Royale plans to announce details in the coming months of its program to drill between three and six wells to assess the potential of the Shublik and Kingak shale on its acreage.

The company picked up more than 100,000 acres in three blocks in December 2011.

—Eric Lidji

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