MEDIA RELEASES
ROYALE ENERGY SIGNS LETTER OF INTENT TO MERGE WITH MATRIX OIL CORP
TRANSACTION VALUED AT $41,500,000 COMBINES ROYALE’S LEGACY NATURAL GAS PRESENCE WITH MATRIX’S SIGNIFICANT OIL POSITION San Diego, July 25, 2016 - Royale Energy, Inc. (OTCQB: ROYL) Royale and privately held Matrix Oil Corporation jointly announced today that they have...
ROYALE COMPLETES THE FIRST OF TWO WELLS OF 2016
San Diego, May 17, 2016 - Royale Energy, Inc. (NASDAQ: ROYL) reported today that it has recently completed two new wells, a natural gas well in Northern California and an oil well in South Louisiana. The first well, the Royale Strain 11-2 was drilled to 8,670 ft. and...
ROYALE ENERGY POSTS A 45% IMPROVEMENT IN FIRST QUARTER RESULTS
San Diego, May 9, 2016 - Royale Energy, Inc. (NASDAQ: ROYL) reported today for the quarter ended March 31, 2016, a net loss of $624,320, a $507,596 improvement when compared to net loss of $1,131,916 during the first quarter of 2015. This 45% improvement over the...
ROYALE ENERGY COMMON STOCK TO BEGIN TRADING ON OTCQB
San Diego, January 20, 2016 - Royale Energy, Inc. announced it will move to the Over-The-Counter QB (OTCQB) a quality controlled segment of the OTC market, open only to companies that are registered with the SEC or bank regulators and who are current in the regulatory...
ROYALE TO MONETIZE PORTION OF ALASKA ACREAGE
San Diego, November 10, 2015 - Royale Energy, Inc. (NASDAQ: ROYL) today announced it entered into an agreement to sell a portion of its Alaska acreage for cash and a retained interest. Royale will receive $2 million in cash and retain an Overriding Royalty Interest in...
ROYALE ANNOUNCES POSITIVE OPERATING INCOME
San Diego, October 28, 2015 - Royale Energy, Inc. (NASDAQ: ROYL) today announced its third quarter 2015 results, in which it posted $21,372 in operating income for the three months ending September 30, 2015 despite the worst energy market in recent history. This...
ROYALE ENERGY ANNOUNCES RECEIPT OF NASDAQ STAFF DETERMINATION LETTER; INTENDS TO REQUEST HEARING
San Diego, October 9, 2015 - Royale Energy, Inc. (NASDAQ: ROYL) today announced that, on October 6, 2015, the Company received a letter from the NASDAQ Listing Qualifications Staff (the “Staff”) of The NASDAQ Stock Market LLC (“NASDAQ”) notifying the Company that the...
ROYALE ENERGY REACHES DEVELOPMENT AGREEMENT
San Diego, October 8, 2015 - Royale Energy, Inc. (NASDAQ: ROYL) today announced that it has reached an agreement, with a major independent exploration and production company, to develop 1,300 acres in the Sacramento Basin Grimes Field. This agreement allows Royale to...
ROYALE REGAINS 100% OWNERSHIP IN ITS NORTH SLOPE ACREAGE
San Diego, September 25, 2015 - Royale Energy, Inc. (NASDAQ: ROYL) is pleased to announce it has reached an agreement to repurchase Rampart’s 30% interest in its Alaska North Slope Western Block. This brings Royale Energy’s ownership position back to 100% working...
ROYALE ENERGY, INC. ANNOUNCES MANAGEMENT CHANGES
San Diego, September 10, 2015 – Royale Energy, Inc. (NASDAQ: ROYL) announced today changes to its senior management team. Jonathan Gregory has been appointed as Chief Executive Officer and Vice Chairman of the Board to spear-head a shift into an acquisition growth...