---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-24-001204"
form_type: "8-K"
ticker: "ROYL"
cik: "0001694617"
company_name: "Royale Energy, Inc."
filed_at: "2024-12-12T23:59:59+00:00"
generated_at: "2026-05-29T04:09:13.679444+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "medium"
source: SEC EDGAR
---

# Royale Energy updates Black Gold IV & V; operator Ares selling Pradera Fuego field

## Summary
- Royale declined a major oil company's offer to buy its interest in Pradera Fuego field.
- Ares Energy (70% owner) opened data room, attracted over 50 bidders, now in PSA discussions.
- Drilling paused during sale process; operator may resume after transaction closes.
- Black Gold V closed for further investment in early October 2024.
- Resolution on sale expected soon; investors hold secured proven reserves.

## SEC filing metadata
- accession: 0001185185-24-001204
- form_type: 8-K
- ticker: ROYL
- cik: 0001694617
- company_name: Royale Energy, Inc.
- filed_at: 2024-12-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: medium
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1694617/000118518524001204/0001185185-24-001204-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1694617/000118518524001204/royaleinc20241212_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-24-001204
- JSON: https://secwatch.observer/filing/0001185185-24-001204.json
- Plain text: https://secwatch.observer/filing/0001185185-24-001204.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.