Royale Acquires 100,480 Acres in Heart of Oil Window

Tallahassee, FL 12/13/11 (StreetBeat) -- Royale Energy, Inc. (Nasdaq:ROYL) today announced that the State of Alaska has posted the results of the North Slope lease sale 2011 in which the company successfully acquired more than 100,000 acres. Out of 13 companies bidding on 178 tracts, Royale won 60 tracts in the heart of the oil window. The company's 100,480 acre position represents 30% of the 334,969 acres leased in this sale.

The company selected the targeted acreage based upon optimal thermal maturity for oil generation in the Shublik shale, known to have sourced the Prudhoe Bay oil field. Additional potential exists in the Kingak and HRZ shale sections. Based upon existing well penetrations through the Shublik, Royale quantified the selection criteria for the desired acreage. "This well control demonstrates the capacity of the Shublik to generate and flow oil," said Mohamed Abdel-Rahman, Royale's VP Exploration. "Our acreage spans over 88 miles east and west of the Trans-Alaska oil pipeline route and is 22 miles south of giant Prudhoe Bay oil and gas field, in the heart of the thermal maturity fairway for oil generation."

Royale's position consists of three separate blocks of contiguous tracts. The western block is adjacent to the Colville River and holds potential for both conventional as well as shale development. The central block is in the midst of an active test program being conducted by a joint venture between Halliburton and Great Bear Petroleum and is near the Trans-Alaska pipeline. The eastern block consists of 40,320 acres known to sit on the migration path of the oil that filled Prudhoe Bay.

"This acquisition has the potential of being a continuous accumulation of oil produced from shale," said Donald Hosmer, Royale's Co-CEO, "providing a large number of repeatable drilling opportunities that can lead to significant and extended reserve growth for Royale Energy."

StreetBeat Disclaimer

Distributed by Viestly

Royale Continues to Turn Prospects Into Production

Tallahassee, FL 11/23/11 (StreetBeat) --Royale Energy, Inc. (Nasdaq:ROYL) has made two more natural gas discoveries in its core area. The Royale Jewel has been drilled to its total depth. The well is in close proximity to Royale's production facilities and will begin selling gas in two weeks. Three separate Forbes sands were encountered and the deepest zone has been completed with a stabilized production rate of 3,000,000 cubic ft. of natural gas per day. Last year the company began producing its Goddard wells 3/4's of a mile to the north. The Goddard wells have already produced over 2 billion cubic ft. of natural gas to date.

The Royale Bristol was drilled to a total depth of 6,800 ft. and found 40 ft. of Forbes filled natural gas sands. Production casing has been set and the well has a bottom hole shut in pressure of 2,200 psi.

The company has also continued its workover program by recompleting another existing well. The Parks well is now producing from a shallower zone at a stabilized rate of 190,000 cubic ft. per day.

These new discoveries are a confirmation of the significance of Royale's recently approved new 3D seismic survey. The company will be shooting a 25 square mile 3D seismic survey to expand its prospect and production area to the northwest. They are also a very positive step in the company's continuing success of replacing and growing its natural gas reserves.

About the Company
Headquartered in San Diego, Royale Energy, Inc. is an independent energy company. The company is focused on development, acquisition, exploration, and production of natural gas and oil in California, Texas and the Rocky Mountains. It has been a leading independent producer of oil and natural gas for over 20 years. The company's strength is continually reaffirmed by investors who participate in funding over 50% of the company's new projects. Additional information about Royale Energy, Inc. is available on its web site at www.royl.com.

StreetBeat Disclaimer

Distributed by Viestly