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Royale Energy Inc. (ROYL) is “One to Watch”

QualityStocks (October 22nd, 2009) Writes:

Founded in 1986, Royale Energy, Inc. is an independent energy company with headquarters in San Diego, California. They focus on the development, acquisition, exploration, and production of natural gas and oil in California, Texas, and the Rocky Mountains. For more than 20 years, the Company has been a leading independent producer of oil and natural gas. Royale Energy Inc. trades on the OTC Bulletin Board.

The Company’s main lines of business include the production and sale of natural gas and oil, and the acquisition of oil and gas interests and proved reserves. Their business also includes drilling of exploratory and developmental wells and sales of fractional working interests in the wells they drill. Royale Energy owns wells and leases in California’s Sacramento and San Joaquin basins, Utah, and in the Gulf Coast basins of Texas and Louisiana.

On Thursday, October 15, 2009, Royale Energy, Inc. announced that after reaching a total depth

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