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SmallCapNewsRelease: (OTCBB:RYQG) To Begin Pumping Oil from a Proven Area


JERICHO, NY—(SmallCapNewsRelease)—December 1st, 2009, Royal Quantum Group, Inc. (OTCBB:RYQG) has announced that they completed drilling in their Bond #1-18 well.

Royal Quantum Group has moved a completion rig into the hole which was dug to a depth of 5,485 feet deep. Analysis has shown the area to be heavily saturated in oil, and the potential for hydrocarbons.

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SmallCapNewsRelease gainers are BioFuel Energy Corp (NASDAQ:BIOF) Valley National Bancorp (NASDAQ:VLYWW) Zion Oil and Gas (NASDAQ:ZN) Mid Penn Bancorp (NASDAQ:MPB) Radian Group (NYSE:RDN) 8x8 Inc (NASDAQ:EGHT) Phoenix Companies (NYSE:PNX) Alexco Resource (AMEX:AXU)

SmallCapNewsRelease decliners are OptimumBank Holdings (NASDAQ:OPHC) Alliance Bancshares (NASDAQ:ABVA) STAAR Surgical (NASDAQ:STAA) Linktone Ltd (NASDAQ:LTON) Broadway Financial (NASDAQ:BYFC) Zoom Technologies (NASDAQ:ZOOM) RIT Technologies (NASDAQ:RITT) Independence Federal Savings (NASDAQ:IFSB)

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