ROYL - Royale Energy Message Board

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Gold/Mining/Energy : ROYL - Royale Energy

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To: henry jakala who wrote ()	2/24/1997 9:12:00 PM
From: Jamey	of 141

Royal will assume NASDAQ big board status as of Feb. 25, 1997. I would have thought there would have been more excitement here about something this newsworthy. James Friday February 21 1:50 PM EDT Royale Energy Inc. moves up to the NASDAQ National Market SAN DIEGO--(BUSINESS WIRE)--Feb. 21, 1997--Royale Energy Inc. Friday announced that its common stock, currently traded on the NASDAQ SmallCap Market, will begin trading on the NASDAQ National Market on Tuesday, Feb. 25. The stock will continue to trade under the symbol ROYL. Donald Hosmer noted that Royale Energy was accepted for listing after meeting the more stringent quantitative and non-quantitative requirements of the NASDAQ National Market. Hosmer further stated that a National Market listing reflects Royale Energy's continued growth and financial progress, and should benefit both our shareholders and the investment community through heightened visibility and liquidity. Royale Energy is a leading California natural gas producer with production throughout the Sacramento and San Joaquin basins. CONTACT: Royale Energy Inc., San Diego Jack M. Connolly, 800/447-8505

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