Royale Energy, Inc.(NASDAQ:
ROYL)
is recognized as one of the top 20 fastest growing natural gas and oil producers in the United States by Oil & Gas Journal. The company has also been named Oil & Gas World’s “Play of the Month” on five occasions. Headquartered in San Diego, California, Royale Energy’s stock is listed on the NASDAQ National Market under the ticker symbol
ROYL.
The company’s principle lines of business include the production and sale of natural gas and oil, acquisition of oil and gas interests and proved reserves, drilling of exploratory and developmental wells and sales of fractional working interests in the wells it drills. Royale Energy owns wells and leases in California’s Sacramento and San Joaquin basins, Utah and in the Gulf Coast basins of Texas and Louisiana.
The company diversifies the development of its properties by selling a portion of the working interest in each lease that it acquires to third party investors and retains a portion of the prospect for its own account. The prospects are then bundled into multi-well investments. This strategy of shared ownership in multiple wells provides investment opportunities that minimize risk while seeking superior returns for shareholders and direct working interest investors.
As an established leading independent producer of domestic oil and natural gas for nearly 20 years, Royale Energy is well positioned for continued growth and profitability for the balance of the decade.
PRESS RELEASES
SAN DIEGO, February 15, 2008 – ROYALE ENERGY EXPANDS NATURAL GAS PRODUCTION ON ANDRUS ISLAND
SAN DIEGO, February 12, 2008 – ROYALE ENERGY HITS NATURAL GAS IN FIRST WELL DRILLED IN 2008
SAN DIEGO, January 16, 2008 – ROYALE ENERGY KICKS OFF ITS 2008 DRILLING WITH TWO RIGS
SAN DIEGO, January 11, 2008 – ROYALE’S ROCKY MOUNTAIN DRILLING CONFIRMS THE PROSPECTIVITY OF MULTIPLE FORMATIONS WITHIN ITS ENTIRE ACREAGE BLOCK AND BEGINS SELLING GAS FROM THE FIRST FORMATION
SAN DIEGO, December 10, 2007 – ROYALE ENERGY AWARDED $3.9 MILLION INCREASE IN LOAN FACILITY BY GUARANTY BANK
Trail Canyon Well
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V Canyon Gas Goes Into Production Using Questar 12 in. Pipeline
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Rocky Mountains
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