Royale Energy Expands Position in Permian Basin Project
Royale Energy (OTCQB: ROYL) has expanded its presence in the Permian Basin through the acquisition of additional non-operated working interests in the Pradera Fuego project in Ector County, Texas. The company and its investors now hold a 7.5% non-operated working interest in seven producing Barnett wells and a 5% working interest in the associated 17,000-acre project.
The acquisition is expected to generate $715,000 in additional annual cash flow in the first year. The project includes 39 future Barnett drilling locations and 44 future Woodford locations, providing significant growth potential. Additionally, Royale is negotiating a Farm-out agreement for an extra 2.5% working interest on the acreage.
Royale Energy (OTCQB: ROYL) ha rafforzato la sua presenza nel Bacino Permiano acquisendo ulteriori interessi operativi non gestiti nel progetto Pradera Fuego nella contea di Ector, Texas. La società e i suoi investitori detengono ora un 7,5% di interesse operativa non gestito in sette pozzi Barnett produttivi e un 5% di interesse nel progetto che copre 17.000 acri.
L’operazione dovrebbe generare 715.000 dollari di flusso di cassa aggiuntivo annuo nel primo anno. Il progetto comprende 39 possibili siti di trivellazione Barnett e 44 siti Woodford futuri, offrendo notevoli potenzialità di crescita. Inoltre, Royale sta negoziando un accordo di farm-out per ottenere un ulteriore 2,5% di interesse sull’area.
Royale Energy (OTCQB: ROYL) ha ampliado su presencia en la Cuenca Pérmica con la adquisición de intereses operativos no operados adicionales en el proyecto Pradera Fuego, en el condado de Ector, Texas. La compañía y sus inversores ahora poseen un 7,5% de interés operativo no operado en siete pozos Barnett en producción y un 5% de interés en el proyecto asociado de 17.000 acres.
Se espera que la adquisición genere 715.000 dólares adicionales de flujo de caja anual en el primer año. El proyecto incluye 39 ubicaciones futuras de perforación Barnett y 44 ubicaciones futuras Woodford, lo que brinda un importante potencial de crecimiento. Además, Royale está negociando un acuerdo de farm-out para un 2,5% adicional de interés sobre la superficie.
Royale Energy (OTCQB: ROYL)는 텍사스 이터 카운티의 프라데라 푸에고(Pradera Fuego) 프로젝트에서 추가 비운영 지분을 인수하며 페미언 분지 내 입지를 확장했습니다. 회사와 투자자들은 현재 7개 배넷(Barnett) 생산정에 대한 7.5% 비운영 지분과 해당 17,000에이커 프로젝트에 대한 5% 지분을 보유하고 있습니다.
이번 인수로 첫 해에 연간 71만5천 달러의 추가 현금흐름이 발생할 것으로 예상됩니다. 프로젝트에는 향후 39개 배넷 시추 지점과 44개 우드포드(Woodford) 시추 지점이 포함되어 있어 성장 여력이 큽니다. 또한 Royale는 해당 면적에 대해 추가 2.5% 지분을 확보하는 파머아웃(farm-out) 계약을 협상 중입니다.
Royale Energy (OTCQB: ROYL) a renforcé sa présence dans le bassin permien en acquérant des participations non opérées supplémentaires dans le projet Pradera Fuego, dans le comté d'Ector, au Texas. La société et ses investisseurs détiennent désormais une participation non opérée de 7,5% dans sept puits Barnett en production et une participation de 5% dans le projet associé de 17 000 acres.
Cette acquisition devrait générer 715 000 $ de flux de trésorerie annuel supplémentaire la première année. Le projet comprend 39 emplacements de forage Barnett futurs et 44 emplacements Woodford futurs, offrant un important potentiel de croissance. De plus, Royale négocie un accord de farm‑out visant une participation supplémentaire de 2,5% sur la zone.
Royale Energy (OTCQB: ROYL) hat seine Präsenz im Permian-Becken durch den Erwerb zusätzlicher nicht-operativer Beteiligungen am Pradera Fuego‑Projekt im Ector County, Texas, ausgebaut. Das Unternehmen und seine Investoren halten nun eine 7,5%ige nicht-operative Beteiligung an sieben produzierenden Barnett‑Bohrungen sowie eine 5%ige Beteiligung am zugehörigen 17.000 Acre großen Projekt.
Von der Akquisition wird im ersten Jahr ein zusätzlicher Cashflow von 715.000 USD jährlich erwartet. Das Projekt umfasst 39 potenzielle Barnett‑Bohrstandorte und 44 zukünftige Woodford‑Standorte, was erhebliches Wachstumspotenzial bietet. Zusätzlich verhandelt Royale einen Farm‑out‑Vertrag für weitere 2,5% Beteiligung an den Flächen.
- None.
- Non-operated working interest position limits operational control
- Success dependent on commodity prices remaining at current levels
SAN DIEGO, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Royale Energy, Inc. (OTCQB: ROYL) is pleased to announce the acquisition of additional non-operated working interests in seven producing Barnett wells within the 17,000-acre Pradera Fuego project, operated by Ares Energy in Ector County, Texas.
With this acquisition, Royale and its outside investors now hold in the aggregate a
At current commodity prices, the acquired producing interests are expected to deliver approximately
“With this acquisition, Royale secures immediate production gains and puts us in a position to negotiate additional interest in the deep inventory of high-value drilling locations in an outstanding Permian Basin project. The Barnett and Woodford locations provide a strong foundation for growth across our investor programs for many years,” said Johnny Jordan, CEO of Royale Energy.
About Royale Energy, Inc.
Royale Energy, Inc. (OTCQB: ROYL) is an independent exploration and production company headquartered in San Diego, California. The Company focuses on the acquisition, development, and marketing of oil and natural gas, with primary operations in Texas’s Permian Basin.
Forward-Looking Statements
This release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results to differ materially. Factors that may affect future results are discussed in Royale Energy’s filings with the Securities and Exchange Commission.
Contact:
Royale Energy, Inc.
For more information, please visit https://www.royl.com or contact Investor Relations at IR@royl.com.
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FAQ
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