Royale Energy : Letter from Moss Adams, LLP to the Securities and Exchange Commission, dated May 25, 2021 (Form 8-K)
May 25, 2021 at 02:57 pm EDT
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May 25, 2021
Securities and Exchange Commission
100F Street, N.E.
Washington, DC 20549
Commissioners:
We have read the statements made by Royale Energy, Inc. included in Item 4.01 of its Form 8-K dated May 18, 2021. We agree with the statements concerning our Firm contained therein.
Respectfully,
/s/ Moss Adams LLP
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Royale Energy Inc. published this content on 25 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2021 18:56:01 UTC.
Royale Energy Funds, Inc. is an independent oil and gas producer. The Company also performs turnkey drilling operations. The Company owns wells and leases in various geological basins located primarily in California, Texas, Oklahoma, and Utah, and offers fractional working interests. The Company also owns an overriding royalty interest in discovery in Alaska. It usually sells a portion of the working interest in each well it drills or participates with third-party participants and retains a portion of the prospect for its own account. The Company generally sells working interests in its prospects to accredited investors in exempt securities offerings. The prospects are typically bundled into multi-well investments, which permit third-party investors to diversify their investments by investing in several wells at once instead of investing in single-well prospects. The Company owns an interest in approximately 70 producing oil and natural gas wells.
ROYALE ENERGY, INC. 
