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Royale Energy, Inc. ("Royale" or the "Company") is an independent oil and
natural gas producer incorporated under the laws of Delaware. Royale's principal
lines of business are the production and sale of oil and natural gas,
acquisition of oil and gas lease interests and proved reserves, drilling of both
exploratory and development wells, and sales of fractional working interests in
wells to be drilled by Royale. Royale was incorporated in Delaware in 2017. On
December 31, 2018, Royale and its consolidated subsidiaries had 11 full time
employees.
Merger with Matrix Oil Management Corporation
On March 7, 2018, Royale Energy, Inc. ("Royale"), Royale Energy Funds, Inc.
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