Realm adds Shale Expertise

Realm Energy International Corporation has announced the appointment of Mr. Mike Mullen as Chief Operating Officer.

A shale stimulation petrophysicist, Mr. Mullen is credited with thirty years of experience in unconventional reservoir characterization, including Tight Gas, CBM and Shale Oil and Gas. Most recently, he was with Halliburton as a Technical Professional Manager.  Realm and Halliburton have been co-operating on technical analysis of European shale oil and gas resource plays.

This May, Realm announced that was awarded the Aschen Concession in the Weser-Ems region in the Lower Saxony Basin, Germany.  The concession covers an area of 15,888 acres (approx. 64sq km) and contains two mature, organically rich shale formations known as Wealden Shale and Posidonia Shale.

In a news release, Realm stated that proximal to the Aschen concession, partially on contiguous lands, an unnamed multinational corporation had drilled on these shale formations.

An article in Oil and Gas Insight suggested that the multinational in question is “likely to be either ExxonMobil or RWE, which are the dominant explorers in Lower Saxony.”