Royale Completes the First Two Wells of 2016
GlobeNewswire - Tue May 17, 7:05AM CDT
Royale Energy, Inc. (OTCQB:ROYL) reported today that it has recently completed two new wells, a natural gas well in Northern California and an oil well in South Louisiana.
Royale Energy Posts a 45% Improvement in First Quarter Results
GlobeNewswire - Mon May 09, 11:08AM CDT
Royale Energy, Inc. (OTCQB:ROYL) reported today for the quarter ended March 31, 2016, a net loss of $624,320, a $507,596 improvement when compared to net loss of $1,131,916 during the first quarter of 2015. This 45% improvement over the comparative quarter last year was largely due to cost reduction measures implemented by the Company as well as the successful drilling of a new turnkey well under Royale's development agreement in Grimes Field.
Delisting of Securities of China Sunenergy Co., Ltd., Republic Airways Holdings, Inc., Sutor Technology Group Limited, Royale Energy, Inc., Emmis Communications Corporation (Preferred Stock), and Swisher Hygiene, Inc. from The Nasdaq Stock Market
GlobeNewswire - Wed Mar 16, 3:05PM CDT
The Nasdaq Stock Market announced today that it will delist the American depositary shares of China Sunergy Co, Ltd. China Sunergy Co., Ltd.'s stock was suspended on March 14, 2016 and has not traded on Nasdaq since that time.
EMMS: 3.93 (-0.02), NDAQ: 71.42 (+0.66)
Royale Energy Announces Positive Operating Income for the 4th Quarter 2015
GlobeNewswire - Tue Mar 15, 8:48AM CDT
Royale Energy, Inc. (OTCQB:ROYL) announced today its second consecutive quarter of positive operating income. For the 4 Quarter of 2015, Royale reported an operating profit of $70,736 compared to an operating profit of $21,372 for the 3 Quarter of 2015. This improvement quarter over quarter comes despite a 14% decline in natural gas prices during the period. Additionally, Royale improved its quarterly operating income by $1,877,674 when compared to the 4 quarter operating loss of $1,806,938 in 2014. For the year ended December 31, 2015, Royale reported an improvement of $141,040 in its net loss from $2,151,856 in 2014 to $2,010,816 in 2015, or a $0.13 loss per share basic and diluted. Despite declining production and commodity prices, Royale was able to turn its operations around by decreasing expense, increasing turnkey drilling activities, and selling certain non-core operational assets.
UPDATE -- OTCQX and OTCQB Companies to Present at 2016 Roth Conference
PR Newswire - Mon Mar 14, 6:00AM CDT
OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced the lineup of OTCQX® Best and OTCQB® Venture Market companies presenting at the 28th Annual ROTH Conference, taking place March 13-16 at the Ritz-Carlton in Dana Point, CA. The ROTH Conference, hosted by ROTH Capital Partners, LLC, is one of the largest small-cap investment conferences in the U.S., featuring presentations by senior executives from hundreds of public and private companies in a wide variety of sectors.
VRAY: 3.71 (-0.05), DMPI: 7.02 (+0.44), CDXC: 3.88 (-0.12)
Market Sentiments Captured by Price Data -- New Research on Trans-Pacific Aerospace Company, Royale Energy, BioSig Technologies and Sanlam
ACCESSWIRE - Thu Mar 10, 9:15AM CST
NEW YORK, NY / ACCESSWIRE / March 10, 2016 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Trans-Pacific Aerospace Company Inc. (OTC: TPAC), Royale Energy Inc. (OTC: ROYL), BioSig Technologies Inc. (OTC: BSGM) and Sanlam Ltd. (OTC: SLLDY). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
OTCQX And OTCQB Companies To Present At 2016 ROTH Conference
PR Newswire - Thu Mar 10, 6:00AM CST
OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced the lineup of OTCQX® Best and OTCQB® Venture Market companies presenting at the 28th Annual ROTH Conference, taking place March 13-16 at the Ritz-Carlton in Dana Point, CA. The ROTH Conference, hosted by ROTH Capital Partners, LLC, is one of the largest small-cap investment conferences in the U.S., featuring presentations by senior executives from hundreds of public and private companies in a wide variety of sectors.
VRAY: 3.71 (-0.05), DMPI: 7.02 (+0.44), CDXC: 3.88 (-0.12)
Royale Energy Common Stock to Begin Trading on OTCQB
GlobeNewswire - Wed Jan 20, 8:30AM CST
Royale Energy, Inc. announced it will move to the Over-The-Counter QB (OTCQB) a quality controlled segment of the OTC market, open only to companies that are registered with the SEC or bank regulators and who are current in the regulatory filing or to foreign companies listed on foreign stock exchanges.
Royale Energy Receives Positive Nasdaq Listing Determination
GlobeNewswire - Thu Dec 10, 10:45AM CST
Royale Energy, Inc. (Nasdaq:ROYL) announced today that on December 9, 2015, the Company was notified that the Nasdaq Listing Qualifications Panel (the "Panel"
Royale Completes Stock Sale
GlobeNewswire - Fri Nov 27, 8:00AM CST
Royale Energy, Inc. (NASDAQ:ROYL) announced today that it executed a Securities Purchase Agreement on November 25, 2015, with a group of private investors to purchase $203,165 of its common stock and warrants in a registered direct offering of securities. Net proceeds from this offering will be used towards Royale's acquisitions and upcoming drilling campaign scheduled to begin in December 2015, for operating capital and to defray the costs of the offering.
Royale to Monetize Portion of Alaska Acreage
GlobeNewswire - Tue Nov 10, 6:56AM CST
Royale Energy, Inc. (NASDAQ:ROYL) today announced it entered into an agreement to sell a portion of its Alaska acreage for cash and a retained interest. Royale will receive $2 million in cash and retain an Overriding Royalty Interest in exchange for a 100% Working Interest in its Western Block consisting of approximately 39,500 acres. The sale is subject to approval by the state of Alaska.
Royale Announces Positive Operating Income
GlobeNewswire - Wed Oct 28, 8:20AM CDT
Royale Energy, Inc. (NASDAQ:ROYL) today announced its third quarter 2015 results, in which it posted $21,372 in operating income for the three months ending September 30, 2015 despite the worst energy market in recent history. This accomplishment overcomes a sharp decline in natural gas prices and declining production.
Royale Energy Announces Receipt of NASDAQ Staff Determination Letter; Intends to Request Hearing
GlobeNewswire - Fri Oct 09, 3:55PM CDT
Royale Energy, Inc. (NASDAQ:ROYL) today announced that, on October 6, 2015, the Company received a letter from the NASDAQ Listing Qualifications Staff (the "Staff"
Royale Energy signs development agreement for Sacramento Basin Grimes Field
M2 - Fri Oct 09, 7:25AM CDT
Oil company Royale Energy (NasdaqCM:ROYL) said on Thursday that it has reached an agreement to develop 1,300 acres in the Sacramento Basin Grimes Field in partnership with an independent exploration and production company.
Royale Energy Reaches Development Agreement
GlobeNewswire - Thu Oct 08, 7:37AM CDT
Royale Energy, Inc. (NASDAQ:ROYL) today announced that it has reached an agreement, with a major independent exploration and production company, to develop 1,300 acres in the Sacramento Basin Grimes Field. This agreement allows Royale to drill up to three wells targeting a 3D seismically defined amplitude. The seismic event is clearly correlated to the nearby productive natural gas horizon and shows a sizable target with multiple well follow up potential.
Royale re-acquires 100% ownership in North Slope Acreage
M2 - Mon Sep 28, 6:35AM CDT
Oil company Royale Energy (NasdaqCM:ROYL) said on Friday that it has reached an agreement to repurchase its 30% interest in the Alaska North Slope Western Block from Rampart.
Royale Regains 100% Ownership in Its North Slope Acreage
GlobeNewswire - Fri Sep 25, 12:52PM CDT
Royale Energy, Inc. (NASDAQ:ROYL) is pleased to announce it has reached an agreement to repurchase Rampart's 30% interest in its Alaska North Slope Western Block. This brings Royale Energy's ownership position back to 100% working interest in all 96,000 acres on the North Slope, and secures Royale's exclusive rights to the proprietary 3D seismic data.
Royale Energy, Inc. Announces Management Changes
GlobeNewswire - Thu Sep 10, 6:37AM CDT
Royale Energy, Inc. (NASDAQ:ROYL) announced today changes to its senior management team. Jonathan Gregory has been appointed as Chief Executive Officer and Vice Chairman of the Board to spear-head a shift into an acquisition growth strategy for Royale. Donald Hosmer will be retaining his position as President - Business Development, and Stephen Hosmer remains as Chief Financial Officer and President. These changes will support this new growth strategy, and provide a streamlined process to evaluate and consider acquisition opportunities.
Royale's New Texas Discovery Yields Positive Results
GlobeNewswire - Fri Aug 07, 8:04AM CDT
Royale Energy, Inc. (NASDAQ:ROYL) today announced the results of the completion of its Royale Ballinger #1 well in Runnels County, Texas. In May 2015, Royale Energy, Inc. (Royale) entered into an agreement to drill and develop 2,299 acres in the producing Ballinger Oil Field.
Royale Energy Begins New Operations
GlobeNewswire - Thu Jun 04, 12:19PM CDT
Royale Energy, Inc. (Nasdaq:ROYL) today announced that it has closed its current drilling project and has received the first of five drilling permits to drill a Sacramento Basin Well. The drilling rig has been contracted and will begin operations by the end of June.