Royale Energy Makes New Discovery

Royale Energy, Inc. (NASDAQ: ROYL) announces it has discovered natural gas in its Andrus Island East well in the Sacramento Basin of California which was drilled as part of its 2008-A drilling project. The well was drilled to 7,000 ft. and logged pay in two natural gas filled sands in the Nortinville formation at 3,350 ft. and 3,800 ft. The deeper Starkey Channel was penetrated at 6,500 ft. and encountered 26 ft. of high porosity and permeable natural gas filled sands.

“The Company had drilled four commercially productive wells to the shallower Nortinville formations on Andrus Island, noted Donald Hosmer Royale Energy CEO. This was the first attempt to drill to the deeper Starkey objective. The deeper objective in the well was higher risk but because of the potential upside the Company felt the risk was justified.

BNK Petroleum Inc. October 2008 production update

BNK Petroleum Inc. (TSX: BKX) Wolf Regener, President and CEO is pleased to report that BNK Petroleum Inc. ("BNK") currently has interests in wells producing about 500 barrels of oil equivalents ("BOEs") net to BNK, from the Woodford shale in its Tishomingo Field in Oklahoma.

BNK has 5 wells producing approximately 300 BOEs a day, net to BNK, of the approximately 1,500 gross BOEs a day. BNK also has 3 wells shut-in which have been producing about 200 BOEs a day, net to BNK, while NGPL upgrades the meter restriction.

BNK also has interests in 3 wells that are still flowing back fracture stimulation fluids that do not yet have production rates. In the Tishomingo field, BNK has participated in 32 wells that have been drilled and cased, with one additional well that is still drilling. Of these 33 wells, 6 are vertical and 27 are horizontal and BNK operates 24 of them.

Stealth Shale Gas Operations Update: Hitting Budget and Production Targets

Stealth Ventures Ltd. ("Stealth" or the "Company") is pleased to announce that its production is rapidly growing beyond its second quarter average of 236 BOE/D, primarily due to tie-in operations on its current 70 well program at Wildmere, Alberta. Since the inception of the play in early 2006 Stealth has progressed from a conceptual technology play to a commercial producing asset, and production growth is now the focus of the Company.

The current summer drilling program kicked-off on July 3rd, 2008 and is currently under the budgeted $350,000 tied-in cost per well, with 42 wells drilled, 25 completed, and 10 tied-in and producing to date.

Tanganyika Oil Company Ltd. Announces C$31.50 Per Share Cash Offer by Sinopec International Petroleum Exploration and Production Corporation

Tanganyika Oil Company Ltd. ("Tanganyika Oil" or "the Company") (TSX:TYK)(OMX:TYKS) announced today that it has entered into a definitive agreement (the "Support Agreement") pursuant to which Sinopec International Petroleum Exploration and Production Corporation ("SIPC") has agreed, subject to the terms of the Support Agreement, to make an offer to acquire all the outstanding common shares of Tanganyika by way of a negotiated take-over bid (the "Offer") for C$31.50 per share in cash, which represents a substantial premium to both the recent and historical trading prices of Tanganyika's shares. The acquisition of the Tanganyika shares will be funded through SIPC's internal resources and is not conditional upon any financing arrangements. SIPC is a wholly owned subsidiary of China Petrochemical Corporation ("Sinopec Group") and undertakes overseas investments and operations in the upstream oil and gas sector. Sinopec Group is China's largest producer and supplier of oil products and major petrochemical products.