History of Royale Energy

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Royale Energy (the Company) explores, develops, produces, and sells crude oil and natural gas. It owns many wells across the United States. The Company also offers investment opportunities in its oil and gas projects. It was first created in 1986 in California to develop natural gas in northern California. Today, it is incorporated in Delaware and operates active wells in both California and Texas.

The Company works to offer investment projects that aim to lower risk and increase potential returns for investors. It does this by creating joint investment funds that use shared capital to drill and complete several wells. Since 1986, the Company has grown from a small producer into a larger, publicly traded company. It has worked with more than 20,000 direct investors, many of whom also bought shares of the Company’s public stock.

The Company currently owns interests in more than 70 oil and natural gas wells. It builds its project inventory by buying properties with existing wells, using 3D seismic surveys to find new drilling locations, and working with other operators in known producing fields. In these development projects, Royale often holds a non operated working interest.

The Company directly manages the wells it operates to keep production safe and efficient. For wells it does not operate, it works closely with the operating company to maintain strong performance. Over the years, Royale has drilled more than 200 wells in high quality areas. For the wells it operates, the Company sends personnel to each site daily to ensure safety and proper production. Royale’s staff is highly trained and motivated, with a strong commitment to quality. The Company sells its natural gas and oil to major customers such as Shell Energy North America, Duke, and BP.

Recently, the Company grew significantly through a merger with Matrix Oil Management Corporation. This merger created a fast growing operating company focused on California and Texas, supported by an experienced technical team. The team has identified more than 80 proven but undeveloped drilling locations in California and West Texas. The merger also helped balance Royale’s natural gas heavy reserves by adding Matrix’s oil reserves.