People: Royale Energy Inc (ROYL.PH)

ROYL.PH on Philadelphia Stock Exchange

3.19USD
21 May 2013
Price Change (% chg)

$0.14 (+4.59%)
Prev Close
$3.05
Open
$3.08
Day's High
$3.19
Day's Low
$3.08
Volume
200
Avg. Vol
--
52-wk High
--
52-wk Low
--

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Summary

Name Age Since Current Position

Harry Hosmer

81 1995 Chairman of the Board

Stephen Hosmer

45 2011 Co-President, Co-Chief Executive Officer, Chief Financial Officer, Secretary, Director

Donald Hosmer

58 2008 Co-President, Co-Chief Executive Officer, Director

Gary Grinsfelder

63 2007 Independent Director

Tony Hall

70 2007 Independent Director

Oscar Hildebrandt

76 2011 Independent Director

George Watters

92 1991 Independent Director

Biographies

Name Description

Harry Hosmer

Mr. Harry E. Hosmer is Chairman of the Board of Royale Energy Inc., since 1986. From inception in 1986 until June 1995, he also served as president and chief executive officer.

Stephen Hosmer

Mr. Stephen M. Hosmer is Co- President, Co-Chief Executive Officer, Chief Financial Officer, Secretary and Director of Royale Energy Inc. He joined Royale Energy as the management information systems manager in May 1988, responsible for developing and maintaining Royale Energy’s computer software. Mr. Hosmer developed programs and software systems used by Royale Energy. From 1991 to 1995, he served as president of Royale Operating Company, Royale Energy’s operating subsidiary. In 1995, he became chief financial officer of Royale Energy. In 1996, he was elected to the board of directors of Royale Energy. In 2003, he was elected executive vice president. In October 2008, he became co-president and co-chief executive officer with primary responsibility for oil and gas exploration operations. Mr. Hosmer currently serves on the board of Venture Expedition, Inc., an action based charitable organization that promotes justice causes around the world, and also served seven years on the board of directors of Youth for Christ, a charitable organization in San Diego, California. Mr. Hosmer holds a Bachelor of Science degree in Business Administration from Oral Roberts University in Tulsa, Oklahoma, as well as earning his MBA degree via the prestigious President/Key Executive program at Pepperdine University in Malibu, California.

Donald Hosmer

Mr. Donald H. Hosmer is Co-President, Co-Chief Executive Officer, Director of Royale Energy Inc. He has served as an executive officer and director of Royale Energy since its inception in 1986. In June 1995 he became president and chief executive officer. In October 2008 he became co-president and co-chief executive officer, with primary responsibility for marketing and investor/shareholder relations for the company.

Gary Grinsfelder

Mr. Gary S.Grinsfelder is Independent Director of Royale Energy Inc. Mr. Grinsfelder is a geologist and manager with 38 years’ experience in oil and gas exploration, exploitation and property evaluation. Currently Mr. Grinsfelder is Vice President – Exploration of LeFrak Energy. Previously he was President of TXCO Resources. He has also served in geologic and management roles for Output Exploration, LLC, Araxas Exploration, Inc., Triad Energy Corporation, Spartan Petroleum Corporation, American Petrofina Company of Texas, Union Oil Company of California and Degolyer and MacNaughton. He received a Bachelor of Science degree in 1972 from Southern Methodist University and has performed graduate studies at the University of Puerto Rico Department of Marine Science and University of Houston Department of Geology.

Tony Hall

Ambassador Tony Hall is Independent Director of Royale Energy Inc. Ambassador Hall served as a member of the United States House of Representatives, representing the people of the Third District of Ohio, for almost twenty-four years, from 1979 to 2002. In 2002 he was appointed U.S. Ambassador to the United Nations Agencies for Food and Agriculture. He served as chief of the U.S. Mission to the U.N. Agencies in Rome – the Work Food Program, Food and Agriculture Organization and International Fund for Agricultural Development. He has been nominated for the Nobel Peace Prize on three occasions for his humanitarian and hunger-related work. He received his A. B. degree from Denison University, Granville, Ohio, in 1964.

Oscar Hildebrandt

Dr. Oscar A. Hildebrandt, D.V.M., is Independent Director of Royale Energy Inc. Dr. Hildebrandt served as an advisory member of Royale Energy’s board of directors from 1994 to 1995 and became a director in 1995. He serves as chairman of Royale Energy’s audit committee. Dr. Hildebrandt practiced veterinary medicine as President of Medford Veterinary Clinic, Medford, Wisconsin, from 1960 to 1990. Since 1990, Dr. Hildebrandt has engaged independently in veterinary practice consulting services. He has served on the board of directors of Fidelity National Bank - Medford, Wisconsin, and its predecessor bank from 1965 to the present and is past chairman of the board of the Bank. From 1990 to the present he has acted as a financial advisor engaged in private business interests. Dr. Hildebrandt received a Bachelor of Science degree from the University of Wisconsin in 1954 and a Doctor of Veterinary Medicine degree from the University of Minnesota in 1958.

George Watters

Mr. George M. Watters is Independent Director of Royale Energy Inc., since 1991. He has many years of senior management experience, including 23 years with Amoco, in all phases of downstream petroleum operations - marketing, refining, trading and commercial development. As CEO, he was instrumental in the conception and development of two grass roots refining and marketing projects in Australia and Singapore. His last assignment was Chief Executive of Amoco Shipping and Trading Company, residing in London. Prior to his affiliation with Amoco, he held various senior management positions with the former Standard-Vacuum Oil Company, jointly owned by Exxon and Mobil. He is a graduate of MIT and also attended their Management Program for Senior Executives. During World War II, Mr. Watters served four years as an officer in the U.S. Navy Civil Engineering Corps.

Basic Compensation

Name Fiscal Year Total

Harry Hosmer

130,669

Stephen Hosmer

323,224

Donald Hosmer

310,864

Gary Grinsfelder

--

Tony Hall

--

Oscar Hildebrandt

--

George Watters

--
As Of 30 Dec 2011

Options Compensation

Name Options Value

Harry Hosmer

45,000 35,700

Stephen Hosmer

39,230 300,130

Donald Hosmer

22,156 239,617

Gary Grinsfelder

0 0

Tony Hall

0 0

Oscar Hildebrandt

39,228 285,283

George Watters

58,843 311,534
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