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Royale Earns $1,149,153 in Net Income
GlobeNewswire - Tue Mar 11, 6:55AM CDT
Royale Energy, Inc. (Nasdaq:ROYL) today announced the filing of its annual financial report (form 10K), in which the company reported Net Income of $1,149,153 or 8 cents per basic (and fully diluted) share for the year ended December 31, 2013. Oil & Natural Gas Revenue increased year over year from $1,673,538 in 2012 to $1,913,364 in 2013 or 14% mainly due to increased Natural Gas prices.
North Slope Seismic Acquisition Complete
GlobeNewswire - Thu Mar 06, 8:24AM CST
Royale Energy, Inc. (Nasdaq:ROYL) today announced that it has completed the field acquisition of its planned seismic survey over the western block of its Alaska North Slope acreage. The data was acquired in cooperation with Rampart Energy and was conducted by SAExploration, Inc.
Royale Energy Adds More Natural Gas at Victor Ranch
GlobeNewswire - Fri Feb 28, 6:51AM CST
Royale Energy, Inc. (Nasdaq:ROYL) today announced that its Victor Ranch 3-20 well was drilled to a total depth of 5,555 ft. Three separate seismically defined target zones were encountered and electric logs indicate natural gas potential in all three zones.
Royale Energy Operational Update
GlobeNewswire - Wed Feb 05, 6:42AM CST
Royale Energy, Inc. (Nasdaq:ROYL) today announced that it has begun drilling operations on its Victor Ranch 3-20 well in California's Sacramento Basin. This is the first of four new wells that will be drilled in the 1 quarter of 2014. Two additional natural gas wells are being brought into production this week.
Top Industrial Market News Stories for the Third Week of January 2014, an Industrial Info News Alert
Marketwire - Fri Jan 17, 5:00AM CST
Researched by Industrial Info Resources (Sugar Land, Texas) -- Here are Industrial Info's most-read stories from the past week. Browse other breaking industrial news stories at www.industrialinfo.com.
Alaska 3D Seismic Survey to Commence
GlobeNewswire - Tue Jan 07, 1:49PM CST
Royale Energy, Inc. (Nasdaq:ROYL) and its partner Rampart Energy Ltd ('Rampart') are pleased to provide an operational update.
Royale Energy Inc's Cardiff well flowing gas at 1.78 Million cubic feet per day
M2 - Fri Dec 20, 10:40AM CST
Energy company Royale Energy Inc (NasdaqCM:ROYL) said on Thursday that its latest Sacramento basin natural gas well has achieved a stabilised flow rate of 1.78m cubic feet per day.
Royale Completes Cardiff Well Flowing 1.78 Million Cubic Feet Per Day
GlobeNewswire - Thu Dec 19, 12:07PM CST
Royale Energy, Inc. (Nasdaq:ROYL) today announced that it has completed its latest Sacramento basin natural gas well with a successful stabilized flow rate of 1.78 million cubic feet per day. The Cardiff well was drilled in Colusa County, California on the company's proprietary 3-D (3 dimensional) seismic survey. The Cardiff well is the ninth well of the year and tested an amplitude anomaly indicating gas in the Forbes formation. Royale expects to connect the well to its existing pipeline infrastructure in the area to begin commercial gas sales in early January at an initial sales rate of 1,000,000 cubic feet per day.
Royale Energy Inc awarded participation payment from Rampart Energy Ltd
M2 - Fri Dec 06, 6:47AM CST
Natural gas producer Royale Energy Inc (NasdaqCM :ROYL) reported on Thursday the receipt of the final cash payment for participation in its Western acreage block from Rampart Energy Ltd.
Royale Receives Rampart Participation Payment
GlobeNewswire - Thu Dec 05, 1:42PM CST
Royale Energy, Inc. (Nasdaq:ROYL) today announced that it has received the final cash payment from Rampart Energy Ltd. The completion of this initial step entitles Rampart to receive an assignment of 10% of the Working Interest in Royale's Western acreage block (approximately 39,000 acres).
Royale Completes Drilling of Two Wells
GlobeNewswire - Fri Nov 22, 1:35PM CST
Royale Energy, Inc. (Nasdaq:ROYL) today announced that it has set completion casing on the Emerald Ridge well, in the Sacramento basin of California. The well encountered two significant gas shows that required high weight drilling fluids in order to reach the total depth of nearly 4,700 feet. Electric logs over the zones of the gas shows were encouraging, but not conclusive, thus leading to the decision to run pipe to total depth in order to perform production testing on the well within the next few weeks.
Oil Companies Redefine 'Possible' in Light of Technology, High Oil Prices, an Industrial Info News Alert
Marketwire - Wed Nov 13, 5:15AM CST
Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Strong global demand for crude oil, coupled with sustained high prices, are combining to change the definition of "realistic," agreed speakers and attendees at an oil & gas conference late last month in Denver. Despite favorable market conditions and the deeply held optimism of oilmen, some prospects look more likely than others, at least in the near term, attendees told Industrial Info.
Royale Earns Third Quarter Profit and Eliminates Long-Term Debt
GlobeNewswire - Mon Oct 21, 12:21PM CDT
Royale Energy, Inc. (Nasdaq:ROYL) today announced it has earned a Profit of $593,567 or 4 cents per share, for the three months ending September 30, 2013. This represents an improvement of $1,418,752 over the prior year loss of $825,185. Year to date operations bring the company to a Net Income of $1,143,365 or 8 cents per share in 2013 over a loss of $3,508,764 in 2012, showing an improvement of $4,652,129.
Royale Tests Somerset Well at Over 1 Million Cubic Feet Per Day
GlobeNewswire - Mon Sep 09, 11:05AM CDT
Royale Energy, Inc. (Nasdaq:ROYL) today announced another successful discovery well. The Royale Somerset well intersected the productive zone confirming the target predicted by 3D seismic analysis. Logs indicate the presence of a gas charged, fine grained sand reservoir that correlates to the strong seismic amplitude response.
Petroleum News Article Week of August 25, 2013
GlobeNewswire - Mon Aug 26, 12:27PM CDT
Royale Energy Inc. (Nasdaq:ROYL) has released a third-party estimate of its North Slope acreage.
NSAI Issues Report on Company's North Slope Shale Oil
GlobeNewswire - Wed Aug 21, 6:40AM CDT
Royale Energy, Inc. (Nasdaq:ROYL) today, in cooperation with Rampart Energy, is pleased to announce the results of a study performed by Netherland, Sewell & Associates, Inc. Worldwide Petroleum Consultants, (NSAI), www.netherlandsewell.com, to evaluate the prospective resources in their shale acreage on the North Slope of Alaska. Using available data from existing wellbore penetrations and analog shale plays, they determined that the acreage is a qualified Prospective Resource with an average recovery rate of 3,995 barrels of oil per acre from the combined shale intervals.
Royale Energy Inc reports higher Q2 earnings of USD1.905m i& USD0.14 per share
M2 - Tue Aug 06, 4:19AM CDT
Natural gas company Royale Energy Inc (NasdaqCM:ROYL) announced on Monday its net income of USD1.906m or USD0.14 per basic and fully diluted share for second quarter of 2013.
Royale Earns $1,905,595 in 2nd Quarter
GlobeNewswire - Mon Aug 05, 1:08PM CDT
Royale Energy, Inc. (Nasdaq:ROYL) today announced financial results for second quarter 2013, reporting a Net Income of $1,905,595 or 14 cents per basic and fully diluted share. The favorable results are highlighted by comparison to a loss of $1,316,724 for the same period in 2012, representing a turnaround of $3,222,319.
Royale Energy Inc acquires another 5,803 acres in Western Block in Alaska
M2 - Fri Aug 02, 6:45AM CDT
Natural gas company Royale Energy Inc (NasdaqCMROYL) reported on Thursday the completion of the acquisition of an additional 5,803 acres in Alaska pursuant to the 2011 North Slope Areawide Lease Sale.
Royale Acquires Additional Alaska North Slope Acreage
GlobeNewswire - Thu Aug 01, 6:40AM CDT
Royale Energy, Inc. (Nasdaq:ROYL) today announced that it has acquired an additional 5,803 acres immediately adjacent to its existing western acreage block, in Alaska. The company had been awarded the acreage pursuant to the 2011 North Slope Areawide Lease Sale, which the state had not previously been able to deliver until last month.