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Articles from Royale Energy

Royale Energy Expands Interest in Pradera Fuego Project Through Farm-Out Agreement
SAN DIEGO, Sept. 17, 2025 (GLOBE NEWSWIRE) -- Royale Energy, Inc. (OTCQB: ROYL) today announced the completion of a Farm-out agreement granting Royale drilling rights to an additional 2.5% working interest in the 17,000-acre Pradera Fuego project, operated by Ares Energy in Ector County, Texas. With this transaction, Royale and its direct interest owner investors now hold a 7.5% non-operated working interest across both producing and non-producing acreage.
By Royale Energy · Via GlobeNewswire · September 17, 2025
Royale Energy Expands Position in Permian Basin Project
SAN DIEGO, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Royale Energy, Inc. (OTCQB: ROYL) is pleased to announce the acquisition of additional non-operated working interests in seven producing Barnett wells within the 17,000-acre Pradera Fuego project, operated by Ares Energy in Ector County, Texas.
By Royale Energy · Via GlobeNewswire · September 9, 2025
Royale Energy Announces Plans to Accelerate Growth Transaction to Simplify Capital Structure
Royale Energy Inc. Simplifies Capital Structure Amidst Plans for Future Growth
By Royale Energy · Via GlobeNewswire · October 18, 2024
Royale Energy Announces Operations Update on the Permian Basin Joint Development Agreement
Royale Announces the Addition of 2 Wells in 2024
By Royale Energy · Via GlobeNewswire · May 30, 2024
Royale Energy Announces Operations Update on the Permian Basin Joint Development Agreement
Initial Rates of 1,315 BOEPD and 1,227 BOEPD in Latest Two Wells
By Royale Energy · Via GlobeNewswire · November 29, 2023
Royale Announces Operations Update on the Permian Basin Joint Development Agreement
Royale Announces an initial rate of 1,347 BOPD and 1,649 MCFD
By Royale Energy · Via GlobeNewswire · October 4, 2023
First Well Completed on the Permian Basin Joint Development Agreement
Royale Announces initial rate of 818 BOPD and 1,100 MCFD
By Royale Energy · Via GlobeNewswire · March 27, 2023
Royale Expands Oil Development in the North Jameson Field
SAN DIEGO, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Royale Energy, Inc., (the “Company” or “Royale”) (OTCQB : ROYL), is pleased to announce the completion of the V.T. McCabe #70 well which was recently drilled to a target depth of 7,000' in the Company’s North Jameson Field in Mitchell County, Texas.
By Royale Energy · Via GlobeNewswire · November 29, 2022
Royale Announces New Joint Development Agreement in Permian Basin
SAN DIEGO, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Royale Energy, Inc., (OTCQB : ROYL), is pleased to announce that it has executed a Joint Development Agreement (JDA) with Ares Energy LTD for up to 25,000 acres in Ector and Andrews counties, Texas in the Permian Basin. This “Pradera Fuego Project” is a horizontal resource play in the Mississippian interval.
By Royale Energy · Via GlobeNewswire · November 21, 2022