Realm Energy International Corporation

Realm Energy International Corporation

May 05, 2011 09:01 ET

Realm Energy to Commence Exploration Activities in Poland

WHITE ROCK, CANADA--(Marketwire - May 5, 2011) -Realm Energy International Corporation ("Realm Energy" or the "Company") (TSX VENTURE:RLM) ( announces that it is commencing exploration activities in Poland.

Leading Realm Energy's Polish exploration is Mike Mullen, Chief Operating Officer (COO), and Karl DeMong, VP Operations, both of whom have considerable experience in pioneering major new shale plays in North America which have been developed into large-scale commercial operations. The primary targets in Poland are the multiple shale formations within the lower Silurian, Ordovician and Cambrian geological periods. In the process of evaluating these organic rich shale intervals, Realm Energy is proceeding with a regional geological study in confluence with new and existing seismic data.

As a result of meetings with local community leaders, assessing surface topography and concession surface area limitations, Realm Energy's initial assessment of its lands accessible by modern horizontal drilling techniques on the Company's 100% Gniew license comprise up to 91%, or 267,809 acres of the Company's total acreage of 294,296.

The Company is now designing seismic programs on its lands, and expects to shoot in aggregate 150km of 2D seismic once the necessary permits have been granted and locations have been scouted. In addition, Realm is currently reprocessing 470 km of existing seismic data.

With Realm Energy's cash position of approximately $26.5 million, the Company intends to move forward with drilling programs on its substantial acreage positions once seismic surveys have been completed and potential well locations determined. Importantly, seismic acquisition and drilling activities for the exploration wells are being arranged to work within a period that respects a commitment to environmental responsibility, work closely with the local stakeholders, and take economic advantage of equipment and service availability in the region.

Mike Mullen, COO, commented "We are commencing our own exploration program in the heart of Poland's Baltic Silurian shale play. With all the drilling activity that is occurring around our license areas in Poland, it is the ideal time for us to move up our development schedule and begin our seismic acquisition program that will help us select drilling locations in preparation for the drilling of our first well."

Polish Sedimentary Basins

Under three separate licenses, Realm holds 635,541 gross acres (2,572 km2) and 464,918 net acres (1,881 km2) in Poland. The largest license, "Gniew", located in the Baltic basin is held 100% by Realm Energy and covers 294,296 acres (1,191 km²). Two other licenses, "llawa", also located in the Baltic basin, and "Wegrow", located in the Podlasie basin, cover 161,109 acres (652 km²) and 180,136 acres (729 km²) respectively, and are held 50% by Realm Energy. For more detailed information on the location of these concessions, please view the maps on Realm Energy's website at

Other European Sedimentary Basins

In collaboration with Halliburton Consulting, Realm Energy has targeted additional shale resource opportunities in eight separate sedimentary basins throughout Europe. These shale plays comprise approximately 4.4 million acres of exploration permits, which are currently under government application.

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 & 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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