04/10/2026 | Press release | Distributed by Public on 04/10/2026 04:04
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On April 10, 2026, Royale Energy, Inc. (OTC: ROYL) (the "Company") appointed Micheal McCaskey to its Board of Directors (the "Board), effective immediately. Mr. McCaskey, age 71, brings extensive experience in petroleum geology, asset acquisition, corporate governance, and industry leadership. Prior to Royale's merger with Matrix Oil Corp. in 2018, he had served on Matrix's board of directors since 1999 and formally served as President of Matrix Oil Management Corporation from first quarter 2006 to April 2018 and Vice President and Secretary of Matrix Oil Corp. from 2002 to April 2018. Mr. McCaskey currently serves on the board of directors of RMX Resources, LLC, a California-based energy company, and since February 2002, as President of PEM Management Corporation, a family office consulting a firm. For over thirty-five years, Mr. McCaskey has worked in both exploration and field development as a petroleum geologist for ARCO Exploration, Union Oil of California, Venoco and Matrix Oil.