Realm Energy International Corporation (“Realm Energy” or the “Company”) (TSX-V:RLM) (www.realmenergy.ca) is pleased to announce the appointment of Mr.Karl DeMong, P. Eng., as the Company’s Vice President, Operations. Mr. DeMong is a shale drilling and completions operations specialist with over 20 years of experience in oil and gas operations, engineering and new technology applications. He also has extensive international business and operations experience.
Directly prior to joining Realm Energy, Mr. DeMong was the Completions and Well Services Manager at Apache Canada Ltd. where he managed all of Apache’s completions work in Canada, including shale gas exploration, shale gas development, tight gas and liquids and conventional oil and gas projects. Prior to this, Mr. DeMong worked with the Apache team from early exploration of the Horn River shale gas play in NE British Columbia, Canada, to lead the first large scale “super pad” development with the completions of 16 wells from one location, concurrently with over 270 individual frac intervals, all completed in less than four months. The project was the largest scale completions operation undertaken in Canada, up to that time.
Prior to Apache, Mr. DeMong initially served as Middle East and Eastern Europe Multilateral Manager for Sperry-Sun Halliburton, mainly based in Dubai, United Arab Emirates, where he specialized in multilateral completions. Thereafter, he was promoted to Global Multilateral Operations Manager where he provided technical support for operations worldwide. During his tenure with Sperry-Sun Halliburton, Mr. DeMong participated in the commercialization of a number of multilateral junction prototype tools while under challenging conditions. Through his efforts, several large-scale multilateral projects were implemented to increase production rates and reserves, and reduce development costs in the Middle East.
Mr. DeMong has worked on many other shale and tight gas and liquids plays throughout North America. He has an extensive background in drilling and completions and work-overs of horizontal, multilateral and high tech wells, including High Pressure High Temperature and Intelligent well applications.
Mr. DeMong has authored many Society of Petroleum Engineers (“SPE”) papers and journal articles in the areas of multilateral technology implementation, expandable tubular applications and shale gas development. He has patents granted and pending in multilateral technology and shale gas technology. His profile is that of an innovator and creative problem solver. He graduated with a BSc in Mechanical Engineering from the University of Saskatchewan. He is a SPE member and a Professional Engineer in Alberta, Canada (1993).
Craig Steinke, Chairman & CEO, says “As Realm Energy expands operations throughout Europe, Mr. DeMong’s specialized experience in drilling and completing shale wells is a timely asset for the Company. Mr. DeMong has established a solid track record as a proven innovator in technically and environmentally challenging shale plays, such as Canada’s Horn River Basin. Applying industry’s latest developments in successfully completing multilateral wells from a single drilling location provides a minimal footprint in shale development. This achieves one of Realm Energy’s major objectives as the Company commences development of its European shale portfolio.”
Source: Company Press Release




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