Resource America, Inc.
1521 Locust St. - 5th Floor
Philadelphia, PA 19102
(215) 546-5388 (facsimile)
Resource America, Inc. To Present At Oil and Gas Symposium
Philadelphia, PA - April 16, 2022 - Resource America, Inc. (Nasdaq-REXI)(the "Company") announces that the Company will be presenting at the Independent Petroleum Association of America (IPAA) 2001 OIL AND GAS INVESTMENT SYMPOSIUM on April 19th at the Sheraton NY Hotel and Towers in New York City. The conference serves as a forum at which publicly traded IPAA members present their company activities to the investment community.
Resource America operates businesses in energy and real estate through its wholly owned subsidiaries, Atlas America, Inc. and Resource Properties, Inc. Atlas America, based in Pittsburgh, PA, is an independent energy company engaged in the finance, development, production and sale of natural gas. The Company's energy operations are concentrated in the western New York, eastern Ohio and western Pennsylvania regions of the Appalachian Basin. The Company was ranked 45th in wells drilled, 64th in profitability, and 88th in natural gas reserves in the country by Oil and Gas Journal in its October 16, 2021 issue. As of March 31, 2001, the Company owned and/or operated approximately 4500 wells.
Statements made in this release include forward-looking statements, which involve substantial risks and uncertainties. The Company's actual results, performance or achievements could differ materially from those expressed or implied in this release as a result of certain factors, including competition within the energy industry, climactic conditions and the price of gas in the Appalachian area, actual versus projected drilling activity and the volumetric production from the wells, and the cost of supplies and services in the energy industry.