reports
Royale Energy Expands Interest in Pradera Fuego Project Through Farm-O...
Royale Energy Expands Interest in Pradera Fuego Project Through Farm-Out Agreement SAN DIEGO, Sept. 17, 2025 (GLOBE NEWSWIRE) -- Royale Energy, Inc. (OTCQB: ROYL) today announced the completion of a Farm-out agreement granting Royale drilling rights to an additional 2.5% working interest in the 17,000-acre Pradera Fuego project, operated by Ares Energy in Ector County, Texas. With this transaction, Royale and its direct interest owner investors now hold a 7.5% non-operated working interest across both producing and non-producing acreage. The Farm-out agreement was consummated with an ent...
Royale Energy Expands Position in Permian Basin Project
Royale Energy Expands Position in Permian Basin Project SAN DIEGO, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Royale Energy, Inc. (OTCQB: ROYL) is pleased to announce the acquisition of additional non-operated working interests in seven producing Barnett wells within the 17,000-acre Pradera Fuego project, operated by Ares Energy in Ector County, Texas. With this acquisition, Royale and its outside investors now hold in the aggregate a 7.5% non-operated working interest across seven producing horizontal Barnett wells, and a 5% working interest in the associated acreage. Royale is currently negoti...
Royale Energy Announces Plans to Accelerate Growth Transaction to Simp...
Royale Energy Announces Plans to Accelerate Growth Transaction to Simplify Capital Structure Royale Energy Inc. Simplifies Capital Structure Amidst Plans for Future Growth SAN DIEGO, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Royale Energy Inc. ("Royale" or the "Company"), a Delaware-based corporation, is pleased to announce the successful completion of a series of strategic financial transactions aimed at simplifying its capital structure and more closely aligning the interests of its diverse stakeholders. This series of transactions better positions Royale to pursue future growth opportunities...
Royale Energy Announces Operations Update on the Permian Basin Joint D...
Royale Energy Announces Operations Update on the Permian Basin Joint Development Agreement Royale Announces the Addition of 2 Wells in 2024 SAN DIEGO, May 30, 2024 (GLOBE NEWSWIRE) -- Royale Energy, Inc. (OTCQB: ROYL) is pleased to announce new progress on its Joint Development Agreement (JDA) with Ares Energy LTD, located in the Permian Basin, Texas. This project is a horizontal resource play in the Mississippian interval. Royale and its investors have a 5% Working Interest in the fifth and sixth wells that are in the process of drilling and completing on the 17,000+ net acres project...
Royale Energy Announces Operations Update on the Permian Basin Joint D...
Royale Energy Announces Operations Update on the Permian Basin Joint Development Agreement Initial Rates of 1,315 BOEPD and 1,227 BOEPD in Latest Two Wells SAN DIEGO, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Royale Energy, Inc. (OTCQB: ROYL) is pleased to announce new progress on its Joint Development Agreement (JDA) with Ares Energy LTD, located in the Permian Basin, Texas. This project is a horizontal resource play in the Mississippian interval. Royale and its investors have a 7% Working Interest in the third and fourth wells drilled on the 6,900 net acres project, located in Ector County, T...
Royale Announces Operations Update on the Permian Basin Joint Developm...
Royale Announces Operations Update on the Permian Basin Joint Development Agreement Royale Announces an initial rate of 1,347 BOPD and 1,649 MCFD SAN DIEGO, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Royale Energy, Inc. (OTCQB: ROYL) is pleased to announce new progress on its Joint Development Agreement (JDA) with Ares Energy LTD, located in the Permian Basin, Texas. This project is a horizontal resource play in the Mississippian interval. Royale and its investors have a 5% Working Interest in the first two wells drilled and 7% Working Interest in the third and fourth wells drilled on the 6,900 n...
First Well Completed on the Permian Basin Joint Development Agreement
First Well Completed on the Permian Basin Joint Development Agreement Royale Announces initial rate of 818 BOPD and 1,100 MCFD SAN DIEGO, March 27, 2023 (GLOBE NEWSWIRE) -- Royale Energy, Inc., (OTCQB : ROYL), is pleased to announce initial production rates for the first well drilled on the Joint Development Agreement (JDA). The JDA was executed and announced November 21, 2022. This project is a horizontal resource play in the Mississippian interval. Royale Energy and its investors collectively own a 5% working interest in this first well drilled on the 6900 net acres project in Te...
Royale Expands Oil Development in the North Jameson Field
Royale Expands Oil Development in the North Jameson Field SAN DIEGO, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Royale Energy, Inc., (the “Company” or “Royale”) (OTCQB : ROYL), is pleased to announce the completion of the V.T. McCabe #70 well which was recently drilled to a target depth of 7,000' in the Company’s North Jameson Field in Mitchell County, Texas. The well encountered porous and permeable zones in both the Strawn and Odom formations. The well was initially completed in the Odom formation where it averaged 85 barrels of oil and 120 thousand cubic feet per day of natural gas. The Upper...
Royale Announces New Joint Development Agreement in Permian Basin
Royale Announces New Joint Development Agreement in Permian Basin SAN DIEGO, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Royale Energy, Inc., (OTCQB : ROYL), is pleased to announce that it has executed a Joint Development Agreement (JDA) with Ares Energy LTD for up to 25,000 acres in Ector and Andrews counties, Texas in the Permian Basin. This “Pradera Fuego Project” is a horizontal resource play in the Mississippian interval. The JDA provides Royale Energy a 5% working interest in this project. Phase 1, initially covering 6900 net acres, is projected to have 12 to 15 drillable locations. This own...
Royale Completes Two North Jameson Wells
Royale Completes Two North Jameson Wells SAN DIEGO, June 09, 2020 (GLOBE NEWSWIRE) -- Royale Energy, Inc., (OTCQB : ROYL), an independent exploration and production company based in San Diego, California announces that it has completed and put into production two new vertical low cost oil wells in its North Jameson field in the Permian Basin in Nolan County, Texas. The McCabe #61 was completed in the Strawn formation pumping at a rate of 106 barrels of oil per day, 40 MCF per day and no water. The well has 25 ft. of net oil pay. The McCabe #62 has been completed in the Odom formatio...
Royale Finds Oil at Whittier and Jameson Fields
Royale Finds Oil at Whittier and Jameson Fields SAN DIEGO, April 22, 2020 (GLOBE NEWSWIRE) -- Royale Energy, Inc., (OTCQB : ROYL), an independent exploration and production company based in San Diego, California announced the Whittier W1-ST5 oil well reached a total depth of 3,634 ft in the West Whittier Field. The well encountered porous and permeable sandstone reservoirs with oil and gas shows from 1,140 ft. to 3,510 ft. It is calculated that a net 1,470 ft. of oil-bearing productive rock were encountered in the well. It was designed to drill in between several high-volume wells in th...
Royale Drills Multiple Formation Well at Rio Vista
Royale Drills Multiple Formation Well at Rio Vista SAN DIEGO, Aug. 28, 2019 (GLOBE NEWSWIRE) -- Royale Energy, Inc., (OTCQB : ROYL), an independent exploration and production company based in San Diego, California announced today that Royale Energy, Inc. (Royale), in partnership with California Resources Production Corporation (CRPC), drilled the CRC RVGU 4-3 well to a total depth of 7,000 ft. in the Rio Vista field. The well has encountered a total of 246 ft. of pay defined as probable and possible in the Domengine, Capay, and Mokelumne River formations. The CRC RVGU 4-3 is the fifth we...
1 director bought
A director at Royale Energy Inc bought 100,000 shares at 0.265USD and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cle...
Royale Energy and RMX Resources Announce New Success in Sansinena Oil ...
Royale Energy and RMX Resources Announce New Success in Sansinena Oil Field SAN DIEGO, June 13, 2019 (GLOBE NEWSWIRE) -- Royale Energy, Inc., (OTCQB : ROYL), and RMX Resources, LLC jointly announced the successful drilling and completion of the Sansinena 9B-18 and 9B-20 oil wells. The 9B-18 well was completed on June 4, 2019 and flowed at 360 barrels of oil per day and 432 MCF per day with a flowing tubing pressure of 730 psig during an initial 24-hour flow test. The well was subsequently shut in for pressure testing and will be placed back online later this week. The 9B-20 well was c...
Royale’s CRC RVGU 4-1 Well at Rio Vista Now on Production at 3,000,0...
Royale’s CRC RVGU 4-1 Well at Rio Vista Now on Production at 3,000,000 Cubic Ft. Per Day SAN DIEGO, June 04, 2019 (GLOBE NEWSWIRE) -- Royale Energy, Inc., (OTCQB : ROYL), an independent exploration and production company based in San Diego, California announced today, that Royale Energy, Inc. (Royale) in partnership with California Resources Production Corporation (CRPC) has initiated natural gas production from the CRC 4-1 well at a stabilized production rate of 3,000,000 cubic ft. per day. The CRC RVGU 4-1 was drilled by Royale to a total depth of 7,400 ft. The open hole logs indicat...
Royale’s CRC RVGU 33-2 Well at Rio Vista Now on Production at 2,100,...
Royale’s CRC RVGU 33-2 Well at Rio Vista Now on Production at 2,100,000 Cubic ft. per Day SAN DIEGO, April 11, 2019 (GLOBE NEWSWIRE) -- Royale Energy, Inc., (OTCQB: ROYL), an independent exploration and production company based in San Diego, California announced today, that Royale Energy, Inc. (Royale) in partnership with California Resources Production Corporation (CRPC) has initiated natural gas production from the CRC 33-2 well at a stabilized production rate of 2,100,000 cubic ft. per day. In addition, the CRC RVGU 4-1 was recently drilled by Royale to a total depth of 7,400 ft. The ...
Rio Vista CRC 33-2 Well Logs 121 ft. of Pay
Rio Vista CRC 33-2 Well Logs 121 ft. of Pay SAN DIEGO, March 18, 2019 (GLOBE NEWSWIRE) -- Royale Energy, Inc., (OTCQB : ROYL), an independent exploration and production company based in San Diego, California announced today that production casing was set on the recently drilled CRC #33-2 well in the Rio Vista natural gas field in partnership with California Resources Production Corporation (CRPC). The open hole logs indicate 121 net ft. of probable gas zones and we anticipate testing the well will begin by the end of the month. This is the second well of a possible 30 well, three-year pr...
Royale CRC 33-1 Well Flows 4,600,000 Cubic Ft. Per Day
Royale CRC 33-1 Well Flows 4,600,000 Cubic Ft. Per Day SAN DIEGO, Jan. 28, 2019 (GLOBE NEWSWIRE) -- Royale Energy, Inc., (OTCQB : ROYL) announced the Royale CRC 33-1 natural gas well in the Sacramento Basin flowed 4,600,000 cubic ft. per day with very high reservoir pressure on a combined rate from two zones that were completed in the Mokelumne River formation. A two-hour test had a stabilized rate of 4,600,000 with very little draw down in reservoir pressure. The well was drilled to a depth of 6,800 ft. and discovered multiple pay zones. Royale Energy and its investors own a 60% work...
Royale and CRPC Make a New Discovery in the Rio Vista Field
Royale and CRPC Make a New Discovery in the Rio Vista Field SAN DIEGO, Jan. 09, 2019 (GLOBE NEWSWIRE) -- Royale Energy, Inc., (OTCQB : ROYL) announced today that production casing was set on the recently drilled RVGU #33-1 well in the Rio Vista Field in partnership with California Resources Production Corporation (CRPC). The open hole logs indicate 174 net ft. of probable gas zones and 37 net ft. of possible gas zones. We anticipate testing the well within the next five to ten days. “We are excited that the first well drilled under the new Joint Venture with CRPC appears to be a strong...
Royale Board Names Johnny Jordan as New CEO
Royale Board Names Johnny Jordan as New CEO SAN DIEGO, Jan. 07, 2019 (GLOBE NEWSWIRE) -- Royale Energy, Inc., (OTCQB : ROYL) today announced the appointment of Johnny Jordan to succeed Rod Eson as Chief Executive Officer (CEO). Following Mr. Eson’s decision to step down to focus attention on personal business matters, the company’s board of directors unanimously selected Johnny Jordan to serve as CEO. Mr. Eson, who will continue to serve as a member of the board of directors, said “I am pleased to allow Mr. Jordan the opportunity to assume the leading role in this exciting new phase of c...
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