Strasburger & Price, LLP represented Royale Energy, Inc. in its recently completed merger with Matrix Oil Management Corporation. Royale is an independent exploration and production company focused on the acquisition and development of oil and natural gas. Northland Capital Markets acted as financial advisor to Royale in the stock exchange transaction. Matrix, a private independent oil and natural gas production company based in Santa Barbara, California, provides Royale with proved reserves of 9.1 million barrels of oil equivalent with a value of $58.8 million based on SEC pricing, according to an internal reserve report. Counsel to Matrix in the transaction was Porter & Hedges, LLP.
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