Realm Working with Halliburton to Evaluate Shale Deposits

Realm Energy International Corporation and Halliburton announced they will aggressively continue the evaluation of high potential shale deposits throughout Europe and select emerging countries.

Realm Energy began collaborating with Halliburton Consulting on a global evaluation of shale plays with potential for natural gas and oil production in early 2009.  Together with Halliburton, Realm selected eight discrete sedimentary basins in seven European countries, identified key prospect trends and targeted a substantial amount of petroleum and natural gas leases for acquisition.

“Realm Energy is pleased to inform its shareholders that the Company is in the process of acquiring large contiguous tracts of land over significant shale formations,” said Realm Energy Chairman Craig Steinke.

Source: Marketwire