Realm Energy International Corporation

Realm Energy International Corporation

February 07, 2011 11:25 ET

Realm Energy Provides Corporate Update

WHITE ROCK, CANADA--(Marketwire - Feb. 7, 2011) - Realm Energy International Corporation ("Realm" or the "Company") (TSX VENTURE:RLM) ( Realm is on course in developing its diversified shale gas and shale oil portfolio in Continental Europe. The Company currently holds exploration permits in Poland and Germany, and has significant acreage under application in numerous, discrete European sedimentary basins.


In Poland, Realm presently holds 635,000 gross acres (465,000 net) under three exploration permits. Two of these exploration permits are located in the Baltic Basin, northern Poland and one is located in the Podlasie Basin, southeast Poland. The Company is completing the first year work commitments which include a geologic assessment of existing log and seismic data. As well, Realm is designing three seismic programs in order to assist in identifying optimum prospective drilling locations.


Realm currently holds 15,888 acres located in the middle of the Lower Saxony Basin ("LSB"), southwest of Hanover. The Company is conducting a regional geological study of the LSB that should be concluded by the end of February 2011. There are two prospective organic rich shale units in the LSB that Realm is targeting in this investigation. There are also several wells with significant oil and gas shows in tight sandstones that are also being examined.


Realm has in excess of 2.4 million acres in two discrete sedimentary basins under application in France. Of the 2.4 million acres under application, 1.65 million acres, structured through nine separate exploration permits, are in the Paris Basin.

Realm is currently in discussions with an integrated North American energy company and leading shale player to join the Company in developing the Paris Basin shale oil play. Among other issues, finalizing this joint venture arrangement is subject to the final award by French governmental authorities of exploration permits.

Other European Sedimentary Basins

In collaboration with Halliburton Consulting, Realm is immersed in an ongoing technical evaluation of new shale gas and shale oil opportunities in other European sedimentary basins. This in-depth subsurface work has resulted in additional, large-scale shale exploration opportunities in respect of which Realm has either submitted or is in the process or submitting new exploration permit applications.

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


Craig 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 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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