0001162677-14-000088.txt : 20141022 0001162677-14-000088.hdr.sgml : 20141022 20141022164027 ACCESSION NUMBER: 0001162677-14-000088 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20141022 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20141022 DATE AS OF CHANGE: 20141022 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ROYALE ENERGY INC CENTRAL INDEX KEY: 0000864839 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 330224120 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22750 FILM NUMBER: 141168074 BUSINESS ADDRESS: STREET 1: 3777 WILLOW GLEN DRIVE CITY: EL CAJON STATE: CA ZIP: 92019-4601 BUSINESS PHONE: 6198812800 MAIL ADDRESS: STREET 1: 3777 WILLOW GLEN DRIVE CITY: EL CAJON STATE: CA ZIP: 92019-4601 FORMER COMPANY: FORMER CONFORMED NAME: ROYALE ENERGY FUNDS INC DATE OF NAME CHANGE: 19940318 8-K 1 re1022148k.htm re1022148k.htm





SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

October 22, 2014


ROYALE ENERGY, INC.
(Exact name of registrant as specified in its charter)

California
     
0-22750
     
33-02224120
(State or other jurisdiction of incorporation or organization)
     
(Commission File Number)
     
(IRS Employer Identification No.)

3777 Willow Glen Drive
El Cajon, California 92019-4601
(Address of principal executive office)
Issuer's telephone number:  (619) 383-6600

Section 8   Other Events

Item 8.01  Other Events

On October 22, 2014, Royale Energy, Inc., issued the attached press release regarding the initial test results for its recently drilled McKinney well in California’s Sacramento Basin.

Section 9   Financial Statements and Exhibits

Item 9.01  Financial Statements and Exhibits

Exhibit 99.1  Press Release


 
 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
ROYALE ENERGY, INC.
   
Date:           October 22, 2014
/s/ Stephen M. Hosmer
 
Stephen M. Hosmer, Co-President, Co-Chief Executive Officer and Chief Financial Officer


 
 

 

EX-99.1 2 re99_1ex.htm PRESS RELEASE re99_1ex.htm

EXHIBIT 99.1

ROYALE CONFIRMS NEW HIGH RATE WELL

San Diego, October 22, 2014 – Royale Energy, Inc. (NASDAQ: ROYL) today announced it has achieved a sustained rate of 1,600,000 cubic feet per day after opening an initial 2 feet of a 65 foot gross interval in the recently drilled McKinney well. Following the flow test, a pressure build test resulted in a total pressure of 4,165 psi. Based on the thickness, pressure and areal extent, this multi-BCF well is likely to be counted among the company’s largest discoveries. 

Following the installation of the pipeline now underway, the well will be placed on production for 7-20 days before opening an additional 30 feet to incrementally add to productive capacity. The full 65 foot interval is expected to be opened later in the year as winter gas demand rises.

The McKinney was drilled in California’s Sacramento basin last month from Royale’s 3-D seismic data. California natural gas prices are 55 cents per MCF higher than NYMEX natural gas due to lower hydro power from California’s extended drought along with decreased nuclear and coal fired power, resulting in the premium for in-state natural gas production.




***
Forward Looking Statements
In addition to historical information contained herein, this news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, subject to various risks and uncertainties that could cause the company’s actual results to differ materially from those in the “forward-looking” statements. While the company believes its forward looking statements are based upon reasonable assumptions, there are factors that are difficult to predict and that are influenced by economic and other conditions beyond the company’s control. Investors are directed to consider such risks and other uncertainties discussed in documents filed by the company with the Securities and Exchange Commission.

Contact:
Royale Energy, Inc.
Chanda Idano, Director of Marketing & PR
619-383-6600
chanda@royl.com
http://www.royl.com



 
 

 

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