– USA, CA – Royale Energy, Inc., (OTCQB:ROYL) today announced the appointment of Johnny Jordan to succeed Rod Eson as Chief Executive Officer. Following Mr. Eson’s decision to step down to focus attention on personal business matters, the company’s board of directors unanimously selected Johnny Jordan to serve as CEO.
Mr. Jordan became President and Chief Operating Officer as a result of the merger between Royale and Matrix in early 2018 and serves as a member of the board of directors.
Mr. Eson, who will continue to serve as a member of the board of directors, said “I am pleased to allow Mr. Jordan the opportunity to assume the leading role in this exciting new phase of company growth.”
About Johnny Jordan
Mr. Jordan is a petroleum engineer with expertise in acquisitions, field economics and reserves analysis, bank negotiations, reservoir and field operations, and multi-team interaction. Mr. Jordan has been active in the oil and gas industry since 1980 beginning as a floor hand on a well service rig. He has held various staff and supervisory positions for Exxon, Mack Energy, EOG and Venoco Corporation. As the leader of a multi-discipline team he added 455 BCF and 79 MMCFD through acquisitions (71 BCF) and field development (365 wells) in the Val Verde Basin in West Texas. Mr. Jordan has managed acquisition evaluations in many of the oil and gas producing basins in the US and has coordinated field development for various recovery mechanisms that include waterflood, tertiary flood, water drive oil and gas reservoirs, and pressure depletion fields with gas cap expansion or gravity drainage.
Mr. Jordan received a B.S. in Chemical Engineering from the University of Oklahoma in 1983 and is currently a member of the Society of Petroleum Engineers and the American Petroleum Institute.
About Royale Energy. Inc.
Royale Energy, Inc. is an independent exploration and production company focused on the acquisition, development, and marketing of oil and natural gas. The Company has its primary operations in California’s Los Angeles and Sacramento Basins.
For more information : https://www.royl.com
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.
