Realm Energy International Corporation

Realm Energy International Corporation

January 27, 2010 09:00 ET

Mr. W. Gordon Lancaster Joins Realm Energy's Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 27, 2010) - Realm Energy International Corporation ("Realm Energy") (TSX VENTURE:RLM) ( is pleased to announce that Mr. W. Gordon Lancaster has joined the Board of Directors of Realm Energy. Concurrent with Mr. Lancaster's appointment to the Board, Mr. Stuart Macgregor has resigned as a Director of Realm Energy.

Mr. Lancaster is a Chartered Accountant who has had a distinguished career in executive and board positions. Mr. Lancaster spent 20 years with Deloitte & Touche, the last five of which were as a partner in the Vancouver office. Following this, he served as Executive Vice President and Chief Financial Officer of the First City group of companies for 10 years. In 1992, Mr. Lancaster joined the Vancouver International Airport Authority as Chief Financial Officer until 1998 when he joined Lions Gate Entertainment Corp. as Senior Vice President and CFO. In August 2000, he joined Power Measurement Inc., a Victoria-based high-tech company; a world leader in the design, development, manufacture and marketing of enterprise energy management systems to energy consumers and suppliers.

In 2004, Mr. Lancaster joined Ivanhoe Energy Inc. as Chief Financial Officer where, until his retirement in November 2009, he was responsible for all financial accounting and reporting, including SEC and Canadian regulatory and public disclosure compliance. Mr. Lancaster was also responsible for corporate finance, including the sale of securities and related prospectus filings, negotiations of bank financings, risk management and treasury and cash management. During his career, Mr. Lancaster has also served on the Boards of Directors of several public and private entities.

"We are very pleased to have Mr. Lancaster join the Board of Realm Energy," said Craig Steinke, Executive Chairman. "His wealth of experience, especially in the oil & gas industry, will be an invaluable asset to the company. We look forward to his contributions as Realm Energy actively focuses on continued growth and success in developing European shale gas."

Mr. Steinke continued, "Realm Energy would also like to take this opportunity to thank Mr. Stuart Macgregor for his past support. While he has resigned as Director, we look forward to an ongoing relationship with him as an active shareholder."

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. Realm Energy 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


Craig Steinke, Executive Chairman

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