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Texas-Based Regal Energy Forms Regal Energy Operating

January 25, 2010

DALLAS, Jan. 25 /PRNewswire/ — Regal Energy, LLC (“Regal Energy”) today announced the formation of Regal Energy Operating, LLC (“REO”). REO will be in charge of all operations for Regal Energy, including definition of territory and lease operations with its primary focus on the Barnett Shale in North Texas. In addition to REO being the operator for Regal Energy, REO’s services are also available to other oil and gas companies.

“Regal Energy Operating provides everything needed to drill a well and bring it into production,” said Brian Hardwick, CEO of Regal Energy and co-founder of REO. “We’re excited to have our own operating company, both for our own wells and to have the ability to offer its services to others.”

REO is a full-service operator, offering everything from prospect generation through drilling and production.

“REO offers highly competitive rates for its services, and we believe it to be one of the most efficient drillers and operators in North Texas,” said Terry Gray, REO’s co-founder and president of Regal Energy.

The officers of REO, together, have more than three decades experience in drilling and operating wells. REO and its affiliates operate more than 100 wells throughout Texas and Kansas. In addition to Hardwick and Gray, REO’s founders, the core REO team includes Chief Operations Officer Jody Redlich and Production Superintendent Joe Paul Nichols, of Complete Production Services.

“Joe Paul has a long reputation for being very involved in all areas of the industry and has an extensive network comprised of some of the largest players throughout the industry,” Redlich said.

REO’s management team is known for fast, efficient drilling. “We do our absolute best to ensure everything is done right the first time, saving our clients both time and money,” Nichols said.

About Regal Energy, LLC:

Founded by a team of experienced industry specialists, Regal Energy, LLC is an independent oil and gas company dedicated to the exploration, development and production of crude oil and natural gas. Located in Plano, Texas, Regal Energy specializes in development of the top producing on-shore regions within North America like the Barnett Shale. Regal Energy Operating, LLC is now the sole operator for Regal Energy’s issues.

SOURCE Regal Energy, LLC


Source: newswire



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