Philadelphia, PA, September 9, 2022 - Resource America, Inc., (Nasdaq: REXI) (the "Company") announces that its wholly owned subsidiary, Atlas America, Inc. has been awarded the 2002 Oilfield Operations Award by the Ohio Department of Natural Resources’ Division of Minerals Resource Management in recognition of the Company’s exceptional efforts in constructing and reclaiming well sites in Noble County, Ohio. As reported in “the Express”, a publication of the Ohio Oil and Gas Association, “The award was made for the producer’s outstanding commitment to the conservation and protection of soil, surface or groundwater resources during oil and gas exploration, development and waste management operations.”
Jeffrey Simmons, Executive Vice President of Atlas America, Inc., commented, “We are proud to accept this award from the State of Ohio and to be recognized for our outstanding work in resource protection during well construction and reclamation operations. We are pleased to be acknowledged for our restoration work as well as our exemplary response to an emergency landslide situation. My congratulations to our team including Terry Whitehair, Michael Adams, and Pat Ervin for a job well done.”
Resource America, Inc.is a proprietary asset management company that uses industry-specific expertise to generate and administer investment opportunities for out own account and for outside investors in the energy, real estate and equipment leasing industries.