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NOTE 4 - STOCK COMPENSATION PLAN
9 Months Ended
Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
NOTE 4 – STOCK COMPENSATION PLAN

During the October 10, 2014 Board of Directors meeting, directors and executive offices of Royale Energy were granted 20,000 options each, 140,000 total, to purchase common stock at an exercise price of $5.00 per share. These options were granted for a period of 3 years and will expire after December 31, 2017.  As of September 30, 2016, 100,000 options are currently exercisable and 40,000 options have expired.   There were no stock compensation costs related to this option grant recognized during the nine months ended September 30, 2016.  During the nine months ended September 30, 2015, Royale recognized compensation costs of $86,878 relating to this option grant.