Realm Energy International Corporation

Realm Energy International Corporation

May 31, 2011 09:02 ET

Realm Energy & Halliburton Evaluate and Rank Shale Plays in Emerging Markets

WHITE ROCK, BRITISH COLUMBIA and HOUSTON, TEXAS--(Marketwire - May 31, 2011) - In an effort to accelerate shale gas development, Realm Energy International Corporation ("Realm Energy" or the "Company") (TSX VENTURE:RLM) has contracted Halliburton's Consulting and Project Management team ("Halliburton") (NYSE:HAL) to work with Realm Energy to significantly expand the technical evaluation and ranking of the highest-potential shale deposits found in emerging prospective basins globally.

Realm Energy and Halliburton Consulting began their collaboration in 2009 with an emphasis on European basins. During this initial effort, Realm Energy, supported by Halliburton, targeted ten discrete sedimentary basins in four European countries for evaluation. The collaboration identified key prospect trends and Realm successfully acquired 650,000 gross acres and has 4.4 million acres under government application of contiguous tracts of land over significant shale resources.

"Realm Energy is now moving into an operational phase with our European leasehold and will contract with Halliburton to leverage their extensive shale-development knowledge, gained from their significant presence in the North American market," said Realm Energy Chairman, Craig Steinke. "We could not have achieved the quality of our European portfolio without the help of Halliburton's consulting organization; this is why we have expanded our collaboration to assess and rank shale resources globally."

"Halliburton has developed a rigorous and efficient approach to the assessment, appraisal and development of shale plays, based on our extensive experience in North America," said Paul Koeller, Vice President of Halliburton Consulting and Project Management. "Our work with Realm on the European shale plays has significantly increased our knowledge base for unconventionals and we look forward to working with Realm Energy at the global level."

About Halliburton

Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With more than 60,000 employees in approximately 80 countries, the company serves the upstream oil and gas industry throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field. Visit the company's website at

About Realm

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


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 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 on terms that are acceptable to Realm management, and the ability of Realm 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.

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