Royale Energy, Inc. Announces Strategic Initiatives To Enhance Shareholder Value And Position For Potential Nasdaq Relisting
Globenewswire·2026-02-17 14:53

Core Viewpoint - Royale Energy, Inc. has initiated a comprehensive Strategic Review aimed at strengthening its financial position and preparing for a potential relisting on a national exchange, with Roth Capital Partners engaged as the financial advisor [1][3]. Group 1: Strategic Review Details - The Strategic Review is led by Jonathan Gregory, the newly appointed Executive Chairman, who has extensive experience in energy finance and capital markets strategy [2]. - The Company is exploring various strategic and capital market alternatives to enhance shareholder value, including balance sheet optimization and asset-level capital allocation strategies [3]. Group 2: Company Background - Royale Energy, Inc. is an independent oil and gas company focused on the acquisition, development, and production of oil and natural gas properties, primarily in California and Texas [4]. - The Company is currently quoted on OTCQB and is compliant with all SEC reporting requirements, having previously been listed on the Nasdaq Capital Market [3].

Royale Energy, Inc. Announces Strategic Initiatives To Enhance Shareholder Value And Position For Potential Nasdaq Relisting - Reportify