Royale Energy Inc.

Royale Energy, Inc. (OTC: ROYL) is a California-based independent oil and gas exploration and production company focused on the exploration and development of natural gas and oil properties in California, operating as one of the remaining independent oil and gas exploration companies actively pursuing domestic natural gas production in the California market. According to its website at royale.com, the company has conducted oil and gas exploration activities in California for decades, drilling and developing natural gas and oil wells in productive California basins including the Sacramento Valley — one of California's historically significant natural gas producing regions — and evaluating other California exploration opportunities aligned with the company's geological expertise and operational capabilities. Royale Energy's California market focus reflects both its institutional knowledge of California geology and regulatory environment and the strategic importance of California natural gas production to serving the state's significant energy demand.

Royale Energy's exploration and production activities, described at royale.com, encompass the drilling and development of natural gas and oil exploration wells in California, primarily targeting conventional natural gas accumulations in established California gas-producing geological formations. The company's operations include both the drilling of new exploratory and development wells and the management of production from its existing producing well portfolio, generating natural gas and oil revenue from the sale of production to California regional gas markets and crude oil purchasers. Royale Energy's California independent operator status gives it direct regulatory relationships with the California Department of Conservation's Division of Oil, Gas, and Geothermal Resources, which regulates oil and gas well permitting and operations across the state.

Royale Energy is publicly traded on the OTC markets, providing investors with access to an independent California oil and gas operator pursuing the exploration and production of natural gas and oil in a jurisdiction where the complexity of environmental permitting, geological challenges, and competitive market dynamics create barriers to entry that have sustained opportunities for experienced independent operators with established California expertise. According to royale.com, the company's management team brings California oil and gas operational and regulatory experience that informs both its exploration strategy and its management of existing production operations within the California regulatory framework. Royale Energy's combination of California natural gas exploration focus, Sacramento Valley operational presence, independent operator expertise, and OTC-listed public company structure reflects its participation in California's evolving domestic energy production landscape.