Glad to see they are moving ahead at Forty mile. However as usual there are questions about the information. In February they said they had acquired the 7000 Forty Mile acres in 2003. But now they plan to license the area. Does not "acquiring the area" mean you have the licenses. And how do you get permits without a license. And why wasn't this stuff already done. Since Andrew just said the reason for the bought offering was they didn't want to waste a season.
March release: In 2023, Royal acquired its newest project area in southern Alberta. Acquired under a seismic option agreement with an independent private vendor, the 40 Mile project is comprised of 7,000 acres ...
Royal completed seismic work at 40 Mile in in 2022 and 2023 and has multiple seismically defined drill targets across multiple prospective zones.