Royal Quantum Group is committed to acquiring, exploring and developing resource properties found in favorable geological and political environments. A highly skilled management team runs the company and has a successful track record.
Royal Quantum believes that the demand and prices for oil, gas, base and precious metals will continue their upward climb, and is dedicated to creating value for its shareholders by developing a portfolio of properties with the objective of advancing them towards profitability.
In recent news, the company announced that it acquired an option to purchase a 6,000 acre oil & gas property worth $516.6 million. The property includes 171 producing wells, proven developed producing reserves of $6.5 million, proven undeveloped non-producing reserves valued at $394.7 million, and potential undeveloped non-producing reserves valued at $115.4 million.
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