RHC Royal Helium Ltd

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES.

Rockefeller Hughes Corporation ("Rockefeller" or the "Company") which is listed
on the TSX Venture Exchange (TSX VENTURE:RHC) is pleased to announce the
following 3D Seismic and Management updates.


The 40 square miles of 3D Seismic covering an AMI ("Area of Mutual Interests")
area of our Halo project in Robertson County, Texas, purchased at the end of
February, 2014 was delivered to Interactive Exploration Solutions Inc.
(INEXS(R)) for processing and interpretation. A full verbal presentation of the
interpretation was provided to the Management of Rockefeller on April 24th.


The 3D Seismic has been evaluated in order to optimize current Buda and
Georgetown drilling and completions along with future Eagle Ford drilling
locations along the Eagle Ford Fairway in Texas, USA, currently one of the most
prospective oil fairways in the USA.


"Based on this report, the Company has a much better understanding of the
potential of its acreage and believes that future wells will have substantial
improvements over previous wells based on better placements of the wells and
better defined targets. Our newly hired VP of Exploration, Robert Karlewicz (see
below) will be working closely with INEXS examining all available data in order
for the Company to maximize the substantial potential that our acreage holds
though multiple pay zones. Through better understanding of the geology and
formations on our acreage, the Company is able to minimize the risks and enhance
the degree of success for the future wells," stated Zoran Arandjelovic,
President and CEO of Rockefeller Hughes Corporation.


Rockefeller is pleased to announce that Robert W. Karlewicz has joined the
Company as Vice President of Exploration. Robert is a Geologist and a member of
the American Association of Petroleum Geologists since 1977. Robert W. Karlewicz
has been active in the exploration aspect of the oil and gas industry since
1977, beginning with a small, elite team of high profile scientists at Filon
Exploration Corporation in Denver, Colorado. In 1979 he moved to California
where he worked for well-known entrepreneur Tom Jordan, owner of Jordan Oil and
Gas Company (as well as Jordan Winery). After 22 years of successful wildcat
exploration covering many oil basins in the USA, Robert Karlewicz started
Capstone Energy Resources LLC in 1999 that specialized in generating oil and gas
projects which were subsequently sold to industry leaders such as Shell Oil
Company, GMT Exploration, Encana(USA), Clayton Williams, Union Gas Corp. etc. In
addition Robert acted as an active oil and gas consultant to the likes of
Weyerhaeuser, Unit Drilling, Alegro Investments, Lancer Resources etc. "Robert
has a great knowledge of the geology of Texas where Rockefeller Hughes
Corporation is active and poised for rapid growth. He has numerous attractive
shallow oil prospects that he is bringing to the attention of Rockefeller Hughes
Corporation and which shall serve as an important building block of its future.
Together with his knowledge of sophisticated mapping, use of the latest software
and a "nose" for finding oil and gas, Robert will be an important member of our
company," added Mr. Arandjelovic.


Under the terms of Mr. Karlewicz's employment contract, the Company will grant
an initial allotment of stock options to acquire up to 100,000 common shares at
an exercise price of the closing market price of the common shares on the TSX
Venture Exchange ("TSX-V") on the date of grant. In addition, his contract
provides for performance bonus payments of cash at the end of 2014, cash and
options at the end of 2015 and additional cash and options at the end of 2016,
if certain production milestones are achieved by the Company. Further stock
option grants will be at an exercise price of the closing market price on the
date of grant of such options.


The employment contract of Mr. Edward Gilliard has been changed from full time
employment to a consultant. Mr. Gilliard will continue to serve as the CFO of
the Company until his replacement is secured. This new arrangement will allow
Mr. Gilliard to divide his time between acting as an Interim CFO and being
active in financial and public market aspects of the Company's business that
could be mutually beneficial and hold substantial promise for both parties.


About Rockefeller Hughes Corporation

Rockerfeller is an emerging junior oil and gas company engaged in the
acquisition, exploration, development, and production of oil and gas properties.
The Company is listed on the TSX Venture Exchange under the symbol RHC. There
are currently 65,024.211 shares issued and outstanding. For additional details
please visit Rockefeller's website at www.rockefellerhughes.com.


NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM
IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Rockefeller Hughes Corporation
David Goldman
IR/PR
B: 1(905) 760-7761 C: 1(647) 857-3283
david@rockefellerhughes.com
www.rockefellerhughes.com

Royal Helium (TSXV:RHC)
Historical Stock Chart
From Jun 2024 to Jul 2024

Royal Helium (TSXV:RHC)
Historical Stock Chart
From Jul 2023 to Jul 2024