Royale Energy Inc. is a development oil and gas production Company. Royale owns and operates wells in California and Texas and markets oil and natural gas to its customers.
Royale maintains a commitment to providing investment products, which seek to minimize investor risk while providing maximum return. We have accomplished this through the use of joint investment in multiple wells. This commitment allowed the Company to grow from a small beginning to its current stature as a publicly traded independent producer.
The Company currently owns interest in over 70 producing oil and natural gas wells. Royale Energy is focused on building prospect inventory through acquisitions of property, 3D seismic surveys and field development over some of the most prolific natural gas and oil producing fields.
Royale Energy provides direct management of company properties as needed to monitor and maintain a high level of productivity. We are focused today to identify and develop low risk drilling opportunities wells drilled in known oil and gas fields.
On March 1, 2018, Royale merged with Matrix Oil Management. This strategic transaction created a high-growth California and Texas focused operating company with an extremely experienced technical team and more than 80 proved undeveloped drilling locations. Royale and Matrix both have been successful low-cost finders of oil and natural gas. Today we are focused on the Permian Basin (North Jameson) and Pradera Fuego in Texas.