Realm Energy Appoints Mr. Lindell Bridges, Distinguished Shale Geologist, as Vice President, Exploration
12 Juillet 2011 - 3:00PM
Marketwired
Realm Energy International Corporation ("Realm Energy" or the
"Company") (TSX VENTURE: RLM) (www.realmenergy.ca) is pleased to
announce the appointment of Mr. Lindell C. Bridges as the Company's
new Vice President, Exploration.
Mr. Bridges is a highly regarded shale exploration geologist
with over 30 years experience in the oil and gas industry. Mr.
Bridges joins Realm Energy from Pittsburgh's EQT Corporation, where
he served as Senior Vice President of Geoscience, responsible for
directing the company's geoscience activity in the Appalachian
Basin. One of his key accomplishments, at EQT, included the
implementation of a technology program that resulted in one of the
best wells in the Marcellus shale gas play, with a 30 day
production rate of 22 MMCFGD and a EUR of 13 BCFG.
Prior to this, Mr. Bridges served as Exploration Manager for the
Barnett Shale North Division of EOG Resources and Geological
Manager, Eastern Division for Chesapeake Energy Corporation. While
at Chesapeake, Mr. Bridges successfully drilled Fayetteville Shale
discovery wells in White County Arkansas, extending the play more
than 40 miles east of the established core areas. He also was
responsible for directing geoscience activities in 10 eastern USA
States, including several shale plays.
Mr. Bridges was an independent consultant, for 11 years, working
projects in several basins including the Appalachian, Illinois,
Michigan, Anadarko and Arkoma basins. Prior to this, he spent nine
years as Senior Exploration Geologist with Union Oil Company where
he was responsible for exploration and development in the Arkoma,
Anardarko, Illinois, Michigan & Appalachian Basins.
Mr. Bridges received his BSc and MSc in Geology from the
University of Arkansas. His thesis was supported by NASA, and
utilized imaging radar data from the Space Shuttle Program.
He is a member of the American Association of Petroleum
Geologists, the Geological Society of America, the Society of
Petroleum Engineers, the Oklahoma City Geological and the Sigma
gamma Epsilon Society. Mr. Bridges has also been a guest speaker at
many industry conferences and authored numerous geological thesis',
publications and papers. The most recent include "U.S. Shale Case
Studies-Marcellus", "Tight Oil from Shale....or Something Like
That", "Strategies to Identify 'Sweetspots' in Shale Gas
Reservoirs" and "Basic Tools for Shale Exploration".
Craig Steinke, Chairman & CEO, says "We are very pleased to
welcome Mr. Bridges aboard the Realm Energy shale team. Lindell has
a distinguished track record in creating value through unlocking
new North American shale plays and high grading the most productive
zones. With Realm Energy's present involvement in multiple early
stage shale plays, he is the ideal complement to our Company at
this point in the ramp up of our development."
Dan Jarvie, Realm's consulting Shale Geochemist and Technical
Advisory Board Member remarked, "This is a very significant step
for Realm Energy in advancing its worldwide operations. Mr. Bridges
has a distinguished track record in successfully developing
unconventional shale resource plays in the Barnett, Fayetteville,
and Marcellus shales. It is difficult to find people with such
broad and specific working knowledge and experience. Realm has
indeed advanced its global capabilities."
Lindell Bridges commented, "I am joining the Realm Energy team
with a great deal of enthusiasm. Based on the diversity of the
portfolio they are building and the range of my experience in
developing new shale plays, I look forward to making a significant
contribution in driving the Company's on-the-ground exploration
activities."
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 presently has projects in Poland and Germany
and is in the process of acquiring additional petroleum and natural
gas rights in other European basins which have been identified as
high potential. Realm Energy is committed to leveraging the most
advanced shale technology to bring these resources into production.
Visit Realm Energy's website at www.realmenergy.ca.
REALM ENERGY INTERNATIONAL CORPORATION
Craig Steinke, Executive Chairman & CEO
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 include, but are not
limited to statements with respect to the possible acquisition of
rights to exploration lands that remain under application, the
ultimate suitability of lands for drilling for gas development, and
the possibility of Realm Energy entering into a joint venture to
develop yet to be secured lands in the Paris Basin. 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; the delay or failure to receive regulatory
approvals, including rights to lands under application, the
characteristics and viability for gas development on lands that
have yet to be fully explored and assessed, the willingness of
third parties to conclude agreements with Realm Energy on terms
that are acceptable to Realm Energy management, and the ability of
Realm Energy to secure sufficient future funding to carry out all
of its business plans. 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: Investor Relations: Realm Energy International
Corporation Keir Reynolds, Director of Investor Relations
778-998-9242 keir@realmenergy.ca Corporate Enquiries: Realm Energy
International Corporation Kevin Rathbun, Chief Financial Officer
604.637.4974 ext. 33 info@realmenergy.ca www.realmenergy.ca Media
Contact: Curve Communications Amanda Bates 604.684.3170 ext. 112 /
C: 604.306.0027 amanda@curvecommunications.com
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