Royale Energy reports $10 million at-the-market equity sales agreement

C. K. Cooper helps fund acquisitions of Alaskan oil and gas properties

By Devika Patel

Knoxville, Tenn., Feb. 17 - Royale Energy, Inc. negotiated a $10 million at-the-market equity offering agreement with agent C. K. Cooper & Co., Inc. on Feb. 17, according to an 8-K filed Friday with the Securities and Exchange Commission.

Proceeds will be used to acquire and develop Alaskan oil and gas properties and for working capital.

San Diego-based Royale Energy is an independent oil and natural gas producer.

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