ENERGY MAKES A NEW FIELD DISCOVERY
SAN DIEGO--July 23, 1999--Royale Energy Inc. (Nasdaq: ROYL ) has found
natural gas in a new field more than a mile west of the Dunnigan
Hills field in California's Sacramento Basin.
The new field was discovered after reaching total depth on Wednesday,
July 21. Multiple natural gas filled sands are present, giving the
potential to additional prospects in the field. Production casing
has been set and the well is waiting on a pipeline.
The company also set production casing on the Landberg No. 1 well
in the North Willows field in the Sacramento Basin. Several
potential natural gas bearing formations were encountered in both,
the shallow depths of the Kione and the deeper Forbes formation.
A total of SEVEN wells have been drilled as PRODUCERS by Royale,
out of nine wells drilled during the first half of 1999.
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 economics 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.