Our Management Team
ROD ESON Chief Executive Officer and Board of Director
Mr. Eson is the chief executive officer of Foothill Energy, LLC, a position he has held since he founded Foothill Energy in 2004. Foothill owns and operates oil and gas properties in the central and northern valleys of California. Mr. Eson has owned and operated oil and gas production companies as well as oilfield service companies since 1979. From 2006 to 2014, he was chairman of the board of Enhanced Oil Resources, Inc. Prior to forming Foothill Energy in June 2004, Mr. Eson was president and chief executive officer of Venoco, Inc., a California based independent oil and gas company he cofounded in 1992. At the time of Mr. Eson’s sale of his interest in Venoco, it held assets in excess of $400 million in California, Texas, Mississippi, Colorado and Argentina.
JOHNNY JORDAN President and Director
Mr. Jordan is a petroleum engineer with expertise in acquisitions, field economics and reserves analysis, bank negotiations, reservoir and field operations, and multi-team interaction. Mr. Jordan serves on the Board of Directors of Matrix. Mr. Jordan has been active in the oil and gas industry since 1980 beginning as a floor hand on a well service rig. He has held various staff and supervisory positions for Exxon, Mack Energy, Enron Oil and Gas and Venoco Corporation. He was the team leader of a multi-discipline team from 1992 to 1996 that added 455 BCF and 79 MMCFD through acquisitions (71 BCF) and field development (365 wells) in the Val Verde Basin in West Texas. Mr. Jordan has managed acquisition evaluations in many of the oil and gas producing basins in the US. He has coordinated field development for various recovery mechanisms that include waterflood, tertiary flood, water drive oil and gas reservoirs, and pressure depletion fields with gas cap expansion or gravity drainage. Mr. Jordan received a B.S. in Chemical Engineering from the University of Oklahoma in 1983 and is currently a member of the Society of Petroleum Engineers and the American Petroleum Institute.
DONALD H. HOSMER Business Development
Donald H. Hosmer has served as an executive of Royale Energy since its inception in 1986. His primary responsibilities are marketing and investor/shareholder relations for the company.
STEPHEN M. HOSMER Chief Financial Officer
Mr. Hosmer joined Royale Energy, Inc. in 1988, and currently heads up the exploration, drilling, operations and acquisition teams at Royale and with over 27 years of oil and gas experience has helped the company develop oil and natural gas fields in Texas, Louisiana, Oklahoma, Utah, California and Alaska. Through his leadership, the company has moved forward to becoming an independent leader in exploration production in the domestic U.S., and has positioned Royale for continued growth and profitability into the next decade. He also serves on the board for Venture Expeditions and Exile International.
Mr. Hosmer holds a Bachelor of Science degree in Business Administration from Oral Roberts University in Tulsa, Oklahoma and a MBA degree from the President/Key Executive program at Pepperdine University.
RONALD LIPNICK Vice President Finance
Mr. Lipnick has been with The Company since May 1993 and has been the Controller since February 1994. He is responsible for the Company’s accounting operations from daily accounting activities and general ledger reconciliation to the preparation of financial statements for the Company’s SEC quarterly 1OQ and year-end 10K filings. He also works closely with Royale’s certified public accountants during their yearly audits. Ron has more than 13 years of experience in the accounting field. He has a Bachelor of Science in Accounting and a Master of Business Administration in Finance from Oral Roberts University, Tulsa, Oklahoma.