| Balance Sheets | 2025-06-30 | |||
|---|---|---|---|---|
| Oil and gas properties (successful efforts basis), real property and equipment and fixtures, net | 4,213,972 | |||
| Restricted cash | 6,000,000 | |||
| Prepaid expenses and other current assets | 754,105 | |||
| Other receivables, net | 685,566 | |||
| Deferred drilling costs | 235,052 | |||
| Cash and cash equivalents | 1,456,696 | |||
| Revenue receivables | 332,426 | |||
| Total current assets | 9,463,845 | |||
| Other assets | 576,265 | |||
| Right of use asset - operating leases | 190,108 | |||
| Total assets | 14,444,190 | |||
| Rmx resources, llc | 23,087 | |||
| Operating leases - current | 98,131 | |||
| Notes payable - current | 1,400,000 | |||
| Deferred drilling obligations | 13,282,996 | |||
| Asset retirement obligation - current | 1,012,500 | |||
| Royalties payable | 611,833 | |||
| Accounts payable and accrued expenses | 5,066,253 | |||
| Total current liabilities | 21,494,800 | |||
| Accrued unpaid guaranteed payments | 90,000 | |||
| Accrued liabilities - non-current | 12,386 | |||
| Operating leases - non-current | 94,720 | |||
| Notes payable - non-current | 2,153,415 | |||
| Asset retirement obligation | 4,028,905 | |||
| Total liabilities | 27,874,226 | |||
| Accumulated deficit | -94,605,190 | |||
| Common stock, 0.001 par value, 280,000,000 shares authorized 96,600,302 and 96,600,302 shares issued and outstanding at june 30, 2025 and december 31, 2024, respectively | 96,600 | |||
| Additional paid in capital | 81,078,554 | |||
| Total stockholders deficit | -13,430,036 | |||
| Total liabilities, and stockholders deficit | 14,444,190 | |||
Royale Energy, Inc. (ROYL)
Royale Energy, Inc. (ROYL)