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Texas-Based Regal Energy, LLC Partners With Licensed Broker-Dealer Red River Securities, LLC

 

DALLAS, Dec. 21 /PRNewswire/ -- Regal Energy, LLC ("Regal Energy") CEO Brian Hardwick and President Terry Gray have formed a licensed broker-dealer, Red River Securities, LLC ("Red River Securities") to be the sole marketer of Regal Energy's issues. Red River Securities has been accepted into membership by the Financial Industry Regulatory Authority (FINRA).

"Our broker-dealer, Red River Securities, will allow us to market Regal Energy's Private Placements which will focus in the Barnett Shale," said Brian Hardwick, CEO of Regal Energy and co-owner of Red River Securities. "Decreasing our dependence on foreign oil is a necessity. We view the Barnett Shale, and those who support its development, as part of the solution."

Offerings previously made through Regal Energy will now be available solely through Red River Securities. Red River Securities was formed January 13, 2009, and successfully completed the membership application process, receiving membership notice from FINRA on December( )9,( )2009.

FINRA, successor to the National Association of Securities Dealers (NASD), was created in 2007 and is dedicated to investor protection and market integrity. It is the leading non-governmental regulator for all securities firms doing business in the United States.

"We believe the addition of Red River Securities will help Regal Energy continue to grow, adding employees and increasing investor funding for drilling operations," said Terry Gray, Regal Energy president and co-owner of Red River Securities, LLC. "Added volume may increase competition which can be good for the overall industry and consumers."

In addition to its FINRA membership, Red River Securities is a member of Securities Investor Protection Corporation (SIPC). SIPC is a non-government, non-profit membership corporation and is an important part of the overall system of investor protection in the United States.

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. Red River Securities, LLC is now the sole distributor for Regal Energy's issues.

SOURCE Regal Energy, LLC

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