ROYALE ENERGY INC

Ticker: ROYL CUSIP: 78074G200 Class: COM NEW

CITADEL ADVISORS LLC's Holding History (CIK: 0001423053)

Note: Option positions (PUT/CALL) are excluded.

Q4 2015

Shares 32,610 Value ($000) $12 Avg Close $0.54 Range $0.28 - $0.92

Q3 2015

Shares 32,893 Value ($000) $23 Avg Close $0.84 Range $0.61 - $1.30

Q2 2015

Shares 16,393 Value ($000) $19 Avg Close $1.61 Range $1.15 - $1.84

Q4 2014

Shares 18,281 Value ($000) $39 Avg Close $2.43 Range $2.01 - $2.98

Q1 2014

Shares 8,398 Value ($000) $25 Avg Close $2.79 Range $2.52 - $3.38

Q4 2013

Shares 4,293 Value ($000) $11 Avg Close $2.63 Range $2.46 - $2.83

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	32,610	$12	$0.54	$0.28 - $0.92
Q3 2015	32,893	$23	$0.84	$0.61 - $1.30
Q2 2015	16,393	$19	$1.61	$1.15 - $1.84
Q4 2014	18,281	$39	$2.43	$2.01 - $2.98
Q1 2014	8,398	$25	$2.79	$2.52 - $3.38
Q4 2013	4,293	$11	$2.63	$2.46 - $2.83