Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Royale Energy ( (ROYL) ) has provided an announcement.
On September 17, 2025, Royale Energy announced the completion of a Farm-out agreement, granting them an additional 2.5% working interest in the Pradera Fuego project in Ector County, Texas. This transaction increases their non-operated working interest to 7.5% and supports long-term growth with plans to drill four new wells over the next year. The project, which includes 39 future Barnett and 44 future Woodford drilling locations, continues to deliver strong performance, with current production from eight Barnett wells and the recently drilled Irma 1H well.
More about Royale Energy
Royale Energy, Inc. 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.
Average Trading Volume: 25,446
Technical Sentiment Signal: Sell
Current Market Cap: $3.99M
See more data about ROYL stock on TipRanks’ Stock Analysis page.