Royale Energy Shares on the Move as Co. Announces Somerset Well Tested 1M+ Cu. Ft./Day

Royale Energy, Inc. ROYL today announced another successful discovery well. The Royale Somerset well intersected the productive zone confirming the target predicted by 3D seismic analysis. Logs indicate the presence of a gas charged, fine grained sand reservoir that correlates to the strong seismic amplitude response.  The well tested at a rate of 1196 MCFD on a 12/64^th choke. Close proximity to Royale's existing gathering system will allow the well to be connected to a sales line within days, to take advantage of the PG&E Citygate gas prices holding in the $4 per MCF range.  The pipeline is in place as a result of the Dorset discovery that went into production earlier this year.  Royale is currently scheduled to drill an additional four or more wells in the fourth quarter. Three wells, including Emerald Ridge will be located in California's Sacramento basin and at least one well will be located in Andrews County, Permian Basin.