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

Scarey.

that is not hearsay either!

Must be a good day for holders.

Up 15% on heavy buying.

Shares Mag says possible t/o target at 150p! B.P. & JKX possible parties interested. BUT under the heading of 'Rumour Mill'.

Shares mag are not usually wrong.

mitzy, you gotta be kidding??

shares mag is frequently wrong, especially with their recommendations!
the t/o rumour at 150p has been floating around for the last year or more.
long-handled spoon required if you want to chuck money in here

I'll have to search for one....not in as yet...will have to read a bit about this one over the weekend cheers !.

so long as you remain aware that Timmis is a proven crook and even if he is no longer on the board, you can bet your bottom dollar that it still does pretty much as he tells it

I'm not a holder as I sold a few weeks back for a nice profit.

i think this share will rise quickly very soon.....its moving up nicely anyway

ticking up nicely again

i am sure mr timmis will be delighted to have your money, but as an out-and-out crook and conman, he was never fussy

another good day for rpt.......certainly doing better than corrupt dragon oil board in last 3months with their approach, er offer, er whatever

what is "corrupt" about DGO?
personally, i wouldn't go near RPT, as there is abundant evidence to show Timis is a proven crook .... but then i don't care for chinese stocks either

btw, if you couldn't pick winners in the markets over the last few weeks, you'ld be better off sticking your money under a mattress

i've doubled my money in rpt.......making money since march

so much crime in uk that i wouldnt leave under a mattress.....or a bank!

if it ain't banked , it ain't a profit .... but the i hear you've made a zillion in a some other stock on this board that was seemingly disproved by MRSI

a million will do for me cynic, lol......i dream of course

as you said, though without dreams, life is not worth living!