Royale Earns Third Quarter Profit and Eliminates Long-Term Debt

Royale Earns Third Quarter Profit and Eliminates Long-Term Debt

Net Income of $593,567, 4 Cents per Share

SAN DIEGO, Oct. 21, 2013 (GLOBE NEWSWIRE) -- Royale Energy, Inc. (Nasdaq:ROYL)
today announced it has earned a Profit of $593,567 or 4 cents per share, for
the three months ending September 30, 2013. This represents an improvement of
$1,418,752 over the prior year loss of $825,185. Year to date operations bring
the company to a Net Income of $1,143,365 or 8 cents per share in 2013 over a
loss of $3,508,764 in 2012, showing an improvement of $4,652,129.

Total Revenue increased from $553,647 in the third quarter 2012 to $3,129,656
in 2013, a 465% improvement. Revenue from the Sale of Oil & Gas rose 29% to
$498,838 for the third quarter of 2013 compared to $387,477 for prior year's
quarter.

Also contributing to increased Revenue, the company recognized $345,547 for
the Sale of Assets relating to additional acreage added to the Rampart
agreement relating to our Alaskan North Slope acreage. Royale continued to
improve its margins by the reduction of expenses, bringing Total Expenses down
by 4.8% and General & Administrative Expenses down by 18.5% for the nine
months ended September 30, 2013 as compared to the same period in 2012.

In addition to the improvements on the Statement of Operations, the company
also improved its Balance Sheet with the elimination of all Long-term debt.

"The company has executed a successful turnaround with reduced expenses and
elimination of long term debt, combined with increased production from new
wells and City-gate prices at $4.00 per MCF," said Donald Hosmer, Royale
Energy's Co-CEO and Co-President.

"While we are happy to have returned to profitability we remain confident in
the potential we hold in our Alaska acreage as we stand on the threshold of
beginning operations," said Stephen Hosmer, Royale Energy's Co-CEO and
Co-President.

Forward Looking Statements

In addition to historical information contained herein, this news release
contains "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995, subject to various risks and
uncertainties that could cause the company's actual results to differ
materially from those in the "forward-looking" statements. While the company
believes its forward looking statements are based upon reasonable assumptions,
there are factors that are difficult to predict and that are influenced by
economic and other conditions beyond the company's control. Investors are
directed to consider such risks and other uncertainties discussed in documents
filed by the company with the Securities and Exchange Commission.

ROYALE ENERGY, INC.
STATEMENTS OF OPERATIONS
                                                             
                          Three Months Ended      Nine Months Ended September
                           September 30,           30,
                                     Restated                 Restated
                          2013        2012        2013          2012
                          (Unaudited) (Unaudited) (Unaudited)   (Unaudited)
                                                             
Revenues:                                                     
Sale of Oil and Gas       $498,838    $387,477    $1,286,834    $1,255,321
Turnkey drilling          2,470,322   0           3,363,989     0
Supervisory Fees and      160,496     166,170     485,534       535,717
Other
                                                             
Total Revenues            3,129,656   553,647     5,136,357     1,791,038
                                                             
Costs and Expenses:                                           
General and               753,227     821,603     2,309,441     2,833,050
Administrative
Turnkey Drilling and      1,220,536   (343,707)   1,762,379     (153,549)
Development
Lease Operating           326,515     272,635     860,465       878,966
Lease Impairment          46,311      20,500      46,311        202,127
Geological and            24,997      773         24,997        423,459
Geophysical Expense
Inventory Write Down      39,185      0           39,185        62,744
Legal and Accounting      26,509      80,772      278,973       500,647
Marketing                 101,844     182,161     204,565       508,302
Depreciation, Depletion   346,093     656,909     807,357       1,394,028
and Amortization
                                                             
Total Costs and Expenses  2,885,217   1,691,646   6,333,673     6,649,774
                                                             
Gain (Loss) on Sale of     350,233     1,547       2,645,153     3,284
assets
                                                             
Income (Loss) From        594,672     (1,136,452) 1,447,837     (4,855,452)
Operations
Other Income (Expense):                                       
Interest Expense          (1,105)     (19,039)    (304,472)     (87,401)
Gains/(Loss) on           0           0           0             0
Marketable Securities
                                                             
Income Before Income Tax   593,567     (1,155,491) 1,143,365     (4,942,853)
Expense
Income tax provision       0           (330,306)   0             (1,434,089)
(benefit)
                                                             
Net Income (Loss)          $593,567    ($825,185)  $1,143,365    ($3,508,764)
                                                             
Basic Earnings Per Share   $0.04       ($0.07)     $0.08         ($0.32)
                                                             
Diluted Earnings Per Share $0.04       ($0.07)     $0.08         ($0.32)
                                                             
Other Comprehensive Income                                    
Unrealized Gain (Loss) on $9,945      $1,501      $9,945        $1,843
Equity Securities
Less: Reclassification                                       
Adjustment for Losses
(Gains) Included in Net   0           0           0             0
Income
Other Comprehensive Income 9,945       1,501       9,945        1,843
(Loss), before tax
Income Tax Expense
(Benefit) Related to Items                                    
of
Other Comprehensive       0           436         0             535
Income
                                                             
Other Comprehensive Income 9,945       1,065       9,945        1,308
(Loss), net of tax
                                                             
Comprehensive Income       $603,512    ($824,120)  $1,153,310    ($3,507,456)
(Loss)
                                                             

CONTACT: Royale Energy, Inc.
         Chanda Idano, Director of Marketing & PR
         619-881-2800
         chanda@royl.com
         http://www.royl.com