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REVENUES
FOR FIRST THREE MONTHS OF 1995
San Diego, California -- ROYALE ENERGY, INC. (Nasdaq Symbol: ROYL ) reports
revenues for the first three months of 1995 were $1,028,263, an
increase of $262,329 (34.3%) over the same period in 1994.
Overall the Company recorded a net loss for the quarter of $549,900
which represented a $217,492 increase from the Company's net loss
of $332,408 in the first quarter of 1994. The increased loss
was mainly due to increases in general and administrative expenses
and depreciation expenses.
The loss was not unexpected as the Company does not typically
drill in the first quarter. The Company expects to end the second
quarter with a profit resulting from its scheduled drilling operations.
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