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Home > Company Index > Energy > Oil & Gas Exploration & Production > Royale Energy, Inc.

Royale Energy, Inc.
Nasdaq: ROYL
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 PROFILE
The geological basins of Northern California are getting the Royale treatment. Using modern computer-aided exploration technologies, Royale Energy concentrates its exploration and production efforts in the Sacramento and San Joaquin basins, where it has stakes in 15 gas fields and operates 48 wells. The company pursues a strategy of acquiring stakes in oil and gas reserves via private joint ventures. It also owns minor leasehold interests in Texas and Oklahoma. Royale Energy has proved reserves of 16.7 billion cu. ft. of natural gas. Through their Royale Petroleum holding company, CEO Donald Hosmer and CFO Stephen Hosmer (sons of chairman Harry Hosmer) together own 33% of Royale Energy.

 COMPETITION
KCS Energy, Inc. (KCS)
PrimeEnergy Corporation (PNRG)
Texaco Inc. (TX)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 11.70
1-Yr. Sales Growth: 50.0%
Employees: 16
Revenue per employee: $731,250.00

 KEY PEOPLE
• Donald H. Hosmer
    CEO
• Stephen M. Hosmer
    CFO

 CONTACT INFO
7676 Hazard Center Dr., Ste. 1500
San Diego, CA 92108
US
Phone: 619-881-2800
Fax: 619-881-2899
Online: Web Site

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