SAN DIEGO, CA -- April 3, 2000 -- Royale Energy, Inc. (NASDAQ: ROYL ), today announced its financial results for the 4th quarter and year-end 1999.

4th Quarter 1999 Financial Results

The Company reported net income of $149,903 or $0.04 per diluted share for the fourth quarter ended December 31, 1999, as compared to a net loss of $233,095, or ($0.06) per diluted share for the same period in 1998.

Year-End 1999 Results

For the year ended December 31, 1999, the Company reported net income of $149,903 or $0.04 per diluted share, as compared to a net loss before change in accounting principal of ($419,122) in 1998 and net income of $774,406 from the post change in accounting principles in 1998. Total assets increased to $16,850,989 in 1999 from $16,606,702 in 1998. Furthermore, the Company increased its total proved reserves in 1999 to 16.442 Billion Cubic Feet equivalent after production compared to 15.248 Billion Cubic Feet in 1998.

Donald Hosmer, President of Royale Energy, Inc. commented, "During the second half of 1999, the Company began to benefit from higher product prices and the reduction of general and administrative expenses. The 3rd quarter represented a break-even period, and our 4th quarter was a return to profitability.

Royale Energy also announced that the Grand River oil well in Iberville Parish, Louisiana has now entered into production.

"The 2nd of half of 1999 was a very active period for Royale Energy," commented Donald Hosmer, "and we believe that we will begin to see some of this new production impact in both the 1st and 2nd quarters of 2000. In addition, we recently contracted our April natural gas at approximately $3.15 per mcf which represents a tremendous price for our production at this time of year, which could provide further evidence of a strong first half."

Royale Energy Inc. is an independent energy company. The company is focused on development, acquisition, exploration, and production of natural gas and oil in California.

In addition to historical information contained herein, this news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 subject to various risks and uncertainties that could cause the company's actual results to differ materially from those in the "forward-looking" statements. While the company believes its forward looking statements are based upon reasonable assumptions, there are factors that are difficult to predict and that are influenced by economic and other conditions beyond the company's control. Investors are directed to consider such risks and other uncertainties discussed in documents filed by the company with the Securities and Exchange Commission.