Republic Energy Inc

Republic, founded in 1984, is a privately held, independent oil and gas company headquartered in Dallas, Texas. The executive management team is made up of John D. Swanson, (President and Chief Executive Officer), Jerald T. Baldridge (Founder and Chairman), Robert S. Douglas (Director), Frank-Paul King (Director), Brad Curtis (Vice-President – Geosciences), Nicholas (Nick) Steinsberger (Vice President – Engineering), and Mike George (Field Manager). The executive management team collectively has more than 250 years experience in the oil and gas industry. Republic maintains its own geological, engineering, operations, land, and accounting staff. As a whole, Republic's total professional staff has more than 300 years experience in the oil and gas industry.

Traditionally Republic has engaged in lower risk development drilling programs in known producing regions of the United States. Today, its principal focus is on the Marcellus/Utica development in northwest West Virginia.  In its early years, Republic focused its efforts on the shallower Bend Conglomerate objectives primarily in the Boonsville Field in North Texas, which overlies and overlaps the Newark East Field and extends westward into Jack County.  Drilling activities also expanded to other basins, primarily in western and northern Oklahoma and West Texas.  Based on Mitchell Energy's (now Devon Energy) drilling success in the Barnett Shale, Republic began increasing its accumulation of leasehold in the Newark East Field.  Starting in approximately 1998, Republic, along with other area operators, developed increasingly effective fracture stimulation techniques to improve production results and well economics in the Barnett Shale and then transferred this experience to the Marcellus Shale, where they operate today.Republic has been active in North Texas since the company’s formation. Initially, Republic focused its efforts on the shallower Bend Conglomerate objectives primarily in the Boonsville Field, which overlies and overlaps the Newark East Field and extends westward into Jack County. Over the years, drilling activities expanded to other basins, primarily in western and northern Oklahoma, and West Texas, but has always remained an active player in North Texas.Based on Mitchell Energy’s (now Devon Energy) drilling success in the Barnett Shale, Republic began increasing its accumulation of leasehold in the Newark East Field in 1998. Since that time, Devon, Republic, and other area operators have developed increasingly effective fracture stimulation techniques to improve production results and well economics in the Barnett Shale and then transferred this experience to other unconventional plays. Republic is now utilizing this experience to successfully develop other plays such as the Marcellus Shale.