Royale Energy (ROYL) 0.5900 $ROYL
Royale Energy Commences Drilling in Rio Vista Field
GlobeNewswire - Thu Sep 01, 10:38AM CDT
Royale Energy, Inc. (OTCQB:ROYL) announced that it has commenced drilling the first well under its joint venture agreement covering the Rio Vista Field in the Sacramento Basin. Discovered in 1936, Rio Vista is the largest natural gas field in California. The field has produced over 3.5 TCF of natural gas. Using 3-D seismic, Royale and its partners have identified several prospective locations in the Martinez and Capay formations. The Royale CRC 8-1 will target the Martinez sand at a depth of approximately 6000'. Royale expects to reach total depth by mid-September.
Royale Energy Announces Second Quarter 2016 Financial Results and $2.5 Million Private Capital Raise
GlobeNewswire - Tue Aug 09, 12:52PM CDT
Royale Energy, Inc. (OTCQB:ROYL) reported a net loss of $475,397 for the quarter ended June 30, 2016. This represents a $452,252 improvement when compared to a net loss of $927,649 during the second quarter of 2015. This 49% improvement over the comparative quarter of last year was largely due to lower general and administrative expenses, a gain from the sale of the Company's office building and a disputed accounts payable settlement.
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.
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"
has granted the Company's request for an extension, through April 4, 2016, to evidence compliance with all applicable requirements for continued listing on The Nasdaq Capital Market. The Company's continued listing on Nasdaq is subject to a number of conditions, which the Company is diligently working to satisfy on a timely basis. There can be no assurance, however, that the Company will be able to do so.
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" of The NASDAQ Stock Market LLC ("NASDAQ" notifying the Company that the Staff has determined that the Company is non-compliant with the stockholders' equity, majority independent director and audit committee requirements for continued listing, as set forth in NASDAQ Listing Rules 5550(b), 5605(b)(1) and 5605(c)(2). As a result of the foregoing, the Company's securities would be subject to delisting unless the Company requests a hearing before the NASDAQ Listing Qualifications Panel (the "Panel" by October 13, 2015. The Company intends to timely request a hearing before the Panel at which it will present its plan to regain and thereafter sustain compliance with all applicable listing requirements. The Company's securities will continue to be listed on The NASDAQ Capital Market pending the completion of the hearing process and the expiration of any extension granted by the Panel. However, there can be no assurance that the Panel will grant the Company's request for continued listing.
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.
Royale Acquires Rights to Drill and Develop in the 2,299 Acre Producing Ballinger Oil Field
GlobeNewswire - Wed May 06, 6:30AM CDT
Royale Energy, Inc. (Nasdaq:ROYL) today announced that it has reached an agreement to drill up to 30 wells in the Ballinger Oil Field in Runnels County, TX with three initial wells to be drilled immediately into the Ellenberger formation.
Royale Completes Nugget Well With 1,108 Mcf Per Day
GlobeNewswire - Thu Apr 09, 1:32PM CDT
Royale Energy, Inc. (Nasdaq:ROYL) announced that the Nugget well discovered five natural gas filled formations on March 21, 2015.
Royale Energy Adds 2,000,000 Cubic ft of Natural Gas
GlobeNewswire - Thu Nov 13, 1:26PM CST
Royale Energy, Inc. (Nasdaq:ROYL) today announced that its McKinney well has been put into production at a stabilized rate of 1,050 MCF of natural gas per day with a pressure of 2,700 psi.
Royale Energy Commences Drilling in Rio Vista Field
GlobeNewswire - Thu Sep 01, 10:38AM CDT
Royale Energy, Inc. (OTCQB:ROYL) announced that it has commenced drilling the first well under its joint venture agreement covering the Rio Vista Field in the Sacramento Basin. Discovered in 1936, Rio Vista is the largest natural gas field in California. The field has produced over 3.5 TCF of natural gas. Using 3-D seismic, Royale and its partners have identified several prospective locations in the Martinez and Capay formations. The Royale CRC 8-1 will target the Martinez sand at a depth of approximately 6000'. Royale expects to reach total depth by mid-September.
Royale Energy Announces Second Quarter 2016 Financial Results and $2.5 Million Private Capital Raise
GlobeNewswire - Tue Aug 09, 12:52PM CDT
Royale Energy, Inc. (OTCQB:ROYL) reported a net loss of $475,397 for the quarter ended June 30, 2016. This represents a $452,252 improvement when compared to a net loss of $927,649 during the second quarter of 2015. This 49% improvement over the comparative quarter of last year was largely due to lower general and administrative expenses, a gain from the sale of the Company's office building and a disputed accounts payable settlement.
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.
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"
has granted the Company's request for an extension, through April 4, 2016, to evidence compliance with all applicable requirements for continued listing on The Nasdaq Capital Market. The Company's continued listing on Nasdaq is subject to a number of conditions, which the Company is diligently working to satisfy on a timely basis. There can be no assurance, however, that the Company will be able to do so. 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"
of The NASDAQ Stock Market LLC ("NASDAQ" notifying the Company that the Staff has determined that the Company is non-compliant with the stockholders' equity, majority independent director and audit committee requirements for continued listing, as set forth in NASDAQ Listing Rules 5550(b), 5605(b)(1) and 5605(c)(2). As a result of the foregoing, the Company's securities would be subject to delisting unless the Company requests a hearing before the NASDAQ Listing Qualifications Panel (the "Panel" by October 13, 2015. The Company intends to timely request a hearing before the Panel at which it will present its plan to regain and thereafter sustain compliance with all applicable listing requirements. The Company's securities will continue to be listed on The NASDAQ Capital Market pending the completion of the hearing process and the expiration of any extension granted by the Panel. However, there can be no assurance that the Panel will grant the Company's request for continued listing. 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.
Royale Acquires Rights to Drill and Develop in the 2,299 Acre Producing Ballinger Oil Field
GlobeNewswire - Wed May 06, 6:30AM CDT
Royale Energy, Inc. (Nasdaq:ROYL) today announced that it has reached an agreement to drill up to 30 wells in the Ballinger Oil Field in Runnels County, TX with three initial wells to be drilled immediately into the Ellenberger formation.
Royale Completes Nugget Well With 1,108 Mcf Per Day
GlobeNewswire - Thu Apr 09, 1:32PM CDT
Royale Energy, Inc. (Nasdaq:ROYL) announced that the Nugget well discovered five natural gas filled formations on March 21, 2015.
Royale Energy Adds 2,000,000 Cubic ft of Natural Gas
GlobeNewswire - Thu Nov 13, 1:26PM CST
Royale Energy, Inc. (Nasdaq:ROYL) today announced that its McKinney well has been put into production at a stabilized rate of 1,050 MCF of natural gas per day with a pressure of 2,700 psi.
