Profile: Royale Energy Inc (ROYL.OQ)
30 Mar 2015
Royale Energy, Inc. (Royale Energy), incorporated on October 10, 1986, is an independent oil and natural gas producer. Royale Energy is engaged in the production and sale of natural gas, acquisition of oil and gas lease interests and proved reserves, drilling of both exploratory and development wells and sales of fractional working interests in wells to be drilled by Royale Energy. Royale Energy owns wells and leases located in the Sacramento Basin and San Joaquin Basin in California, as well as in Utah, Texas, Oklahoma, Louisiana, and Alaska.
The Company owns proved developed producing and non-producing reserves of oil and natural gas in Utah, Texas, Oklahoma and Louisiana. During 2012, Royale Energy drilled two wells in northern California. As of December 31, 2013, Royale Energy operated 55 natural gas wells in California. Royale also owns an interest in six natural gas wells in Utah and has non-operating interests in 13 oil and gas wells in Texas, three in Oklahoma, two in California, and one in Louisiana. Royale Energy sells its California natural gas production through PG&E pipelines to independent customers on a monthly contract basis, while some gas is delivered through pipelines to independent customers.
Royale Energy Inc
3777 WILLOW GLEN DRIVE
EL CAJON CA 92019-4601