Shale Expert, Mike Mullen Joins Realm Energy as COO
07 Juin 2010 - 3:00PM
Marketwired
Realm Energy International Corporation ("Realm Energy" or the
"Company") (TSX VENTURE: RLM) (www.realmenergy.ca), is pleased to
announce Mr. Mike Mullen, Shale Stimulation Petrophysicist, has
joined the Company as Chief Operating Officer.
Mike has almost 30 years of experience in unconventional
reservoir characterization including tight gas, CBM and shale oil
and gas. Most recently, as Halliburton's Technical Professional
Manager, he led a multidisciplinary group of engineers specializing
in the integration of petrophysics, reservoir simulation and
economic stimulation design with Halliburton's Technical Team in
Denver, CO. He has led the successful design and execution of
hundreds of successful stimulations across a wide range of North
America's Major Shale plays including the Barnett, Fayetteville,
Woodford, Marcellus, Haynesville, Mancos and Bakken shales. He is
also very familiar with proving concept on early stage shale plays,
which is Realm Energy's core strategy. Mike played an integral role
with Halliburton on work done for Realm Energy over the last year
in its thorough technical analysis of European shale oil and gas
resource plays.
With his well logging and petrophysics background, Mike was
instrumental in developing Halliburton's StimLOG and ShaleLOG
formation evaluation model, used worldwide, to evaluate
unconventional reservoirs for pay identification, stimulation and
production modeling. He also initiated the company's CBM log
analysis model in the early 1980s. He has authored and contributed
to numerous technical papers on diverse unconventional reservoir
issues and co-authored a textbook on CBM.
Mike graduated with a BS in Electrical Engineering from the
University of Missouri - Rolla. He has been a SPE member for 26
years, a SPWLA member for 25 years and an AAPG member for 3 years.
He is a Registered Professional Engineer of New Mexico (1989) and
Colorado (2005).
"Mike Mullen joining Realm is a compliment to the Company and
its evolving shale portfolio," said Craig Steinke, Executive
Chairman. "Shale evaluation through Petrophysics is a cornerstone
in Realm's business. Mike's extensive experience, across many
differing unconventional plays worldwide, will allow him to play a
strong and direct role in building the Company's diversified shale
portfolio. As Chief Operating Officer of Realm, Mike will continue
to work closely with Halliburton's multi-national project team in
evaluating shale opportunities throughout the world."
Mike Mullen commented, "I am excited for this new opportunity to
work with Realm's team. Since inception, Realm and Halliburton have
conducted high quality technical analysis on many shale
opportunities, to where the Company is now poised for significant
value creation. It is my intention to add further value to Realm
and its shareholders by working to shorten the cycle time between
the identification of shale reservoir potential and bringing them
to commercial reality around the world."
About Realm Energy
Realm Energy International Corporation is a Canadian domiciled
global energy company focused on driving the exploration and
development of major shale plays throughout Europe and emerging
countries. The Company is in the process of acquiring petroleum and
natural gas rights in large contiguous tracts which it has
identified as high potential, and is committed to leveraging the
most advanced shale technology to bring these resources into
production.
Visit Realm Energy's website at www.realmenergy.ca.
Craig A. Steinke, Executive Chairman
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This
news release includes certain "forward-looking statements" within
the meaning of applicable Canadian provincial securities
legislation. Forward-looking statements are necessarily based upon
estimates and assumptions that, while considered by the Company's
management to be reasonable, are subject to known and unknown
risks, uncertainties, and other factors which may cause the actual
results and future events to differ materially from those expressed
or implied by such forward-looking statements. Such factors
include, but are not limited to: general business, economic,
competitive, political and social uncertainties; or delay or
failure to receive regulatory approvals. There can be no assurance
that such statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking statements. The Company disclaims any
intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as required by law or the policies of the TSX
Venture Exchange.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Media Contact: Curve Communications Brian Paterson
604.684.3170 ext. 102 or C: 778.319.4165
brian@curvecommunications.com Investor Relations: Contact Financial
Keir Reynolds 604-689-7422 keir@contactfinancial.com Corporate
Enquiries: Realm Energy International Corporation Kevin Rathbun,
Chief Financial Officer 604.637.4974 ext. 33 info@realmenergy.ca
www.realmenergy.ca
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