Regal Petroleum started trading on AIM recently. With the help of London broker
Evolution Beeson Gregory; Regal raised 10 million valuing the company at
34million.

Regal is raised the money to increase production in the so-called Chernihiv
field in Ukraine. Regal currently has a 75/25 joint venture with Chernihiv a
state owned exploration company and drilling enterprise. The Chernihiv field is
situated in the most prolific gas and condensate region of the Ukraine, the
Dneiper-Donets Basin. This Basin currently produces 90 per cent of Ukraine’s
gas and condensate. An independent report estimates that the Chernihiv field
has a total of proven and probable reserves of approximately 905bn cubic feet
of gas and 51.52 million barrels of condensate.

Over the years 18 exploratory wells have been drilled. Of these wells 12 have
been flow tested and demonstrated that commercial quantities of gas can be
produced.Regal says that a work over of the Mex- 3 well last July meant the
group commenced commercial production in August 2002. To increase production
rapidly Regal plans to drill more wells and work over old ones. It hopes to
have three wells in production by the end of 2003.





Corporate website : www.regalpetroleum.com

Cynic, Been selling this over the last few weeks. So dont hold at all. Walked away with 150% profit. Will buy again but not just yet, this has further to fall.

sp crashing...what's the news?

should have shorted this damn thing after all! ..... hummed and haed about it this a.m. but did nothing .... in fact, for half the day sp was actually up

Cynic this could quite easily drop below a pound if it does buy!!

buying RPT would stick in my gullet ..... that man Timmis is an out and out crook! .... only in my opinion of course!!

With this company's track record I'm surprised anyone would risk a penny by buying their shares, tend to agree with Cynic on this one

He is orcestrating this whole thing. they've still got good reserves.and the fact shell were prepared to put the money on the line says it all to me.

best of luck Blanche, although I hope you don't need any luck

as you say blanche, the slimeball is orchestrating everything ...... plus ca change etc

What on earth is Timis up to?

For media comment, click HERE

This Frank Timis share is so dodgy...96p at the mo.

can't believe the city still supports this proven crook

The only way is to let his share like RPT collapse.

and i see the lemmings have been mugged yet again by Mr Timis and his band of robbers .... quick spike to 120 in early/mid october and back down again like a stick

New article, CLICK HERE

roll up, roll up, all mugs who want to get mugged!

News!

Click HERE

why is RPT like a flock of sheep?
because they both have crooks guiding them!

Regal are presenting in London soon!

A must attend for holders IMHO!

To register, click HERE


Proactive Investors One2One Forums

The directors of Kopane Diamond Developments (AIM: KDD) and REGAL PETROLEUM (AIM: RPT) will be presenting:

Thursday the 29th January 2009
Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

The presentations will start @6:00pm and finish at 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canape and wine reception

plenty of info about some spiffing new rig but FA about th3e wondrous new field that is certain to be found ..... this stock for sheep only