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Regal Petroleum (RPT)     

Andy - 22 Jan 2003 17:51

shelltop.JPG

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.


chart.asp?symb=uk%3Arpt&compidx=aaaaa%3A


Corporate website : www.regalpetroleum.com

bowman - 25 Oct 2004 14:13 - 34 of 448

one tipster giving a buy reccommendation values Regal Petroleum like this

kallirachi 284p share
ukraine 162p share
epsilon/prinos 126p share
egypt/romania 0p share
Total price 572p share value
Romania could catch everyone out gas fields there could add some spice to the total assets.

regards bowman

bowman - 28 Oct 2004 08:53 - 35 of 448

Rumour of the day Regal petroleum to start drilling in Romania in a few days from The Times newspaper.

aldwickk - 28 Oct 2004 09:23 - 36 of 448

So why are the shares not going up ? but going down all week.

aldwickk - 28 Oct 2004 09:50 - 37 of 448

So why as the share price been going down all week?

aldwickk - 28 Oct 2004 09:54 - 38 of 448

So why as the share price been going down all week?

aldwickk - 28 Oct 2004 14:32 - 39 of 448

OK they going up now. lol

The Other Kevin - 28 Oct 2004 14:33 - 40 of 448

Keep talking

dikytree - 28 Oct 2004 20:04 - 41 of 448

I can feel this going up big! in my waters.

bowman - 29 Oct 2004 11:19 - 42 of 448

hi dikytree is that greek waters . romania should be next news with two large prospects being lined up for drilling there.

bowman - 29 Oct 2004 16:27 - 43 of 448

chairman Frank Timis buys 150000 shares at 332p costing 500k.

Andy - 31 Oct 2004 01:37 - 44 of 448

Sadly the downtrend since June is still intact.

Let's see what next week brings in the light of Frank's purchase!

bowman - 03 Nov 2004 11:36 - 45 of 448

something is going down at Regal petroleum , a lot of buyers today

Andy - 03 Nov 2004 13:21 - 46 of 448

bowman,

It was tipped by Tom Winnifrith in an email yesterday.

bowman - 03 Nov 2004 15:39 - 47 of 448

Thanks Andy for that info

regards bowman

bowman - 04 Nov 2004 11:47 - 48 of 448

Where on the march again, Frank Timis bought another 150,000 shares today at 350p . How is that for confidence in Regal Petroleum.The chairman certainly believes in Regal good luck to all you shrewdies on board.

regards bowman

bowman - 05 Nov 2004 08:31 - 49 of 448

Where are on the move again at Regal Petroleum, is this upward trend back ??????

kyrit - 09 Dec 2004 10:15 - 50 of 448

Regal Petroleum eased 2.5p to 366.5p on the weak oil price. House broker Evolution Securities remained positive, issuing a buy note with a 515p target price. Evolution believes drilling at an appraisal well at Regal's Kallirachi discovery in Greece will be completed early next year

Andy - 18 Jan 2005 00:44 - 51 of 448

Suprised to see no mention of RPT for so long given the current rising price.

The all time high may soon be in sight gain, and with FT's recent purchase, I wouldn't bet against that being broken either.

I'm keeping a close eye on RPT, director buys at market price are a good signal IMHO.

bowman - 21 Mar 2005 08:33 - 52 of 448

where on the march at Regal Petroleum ,ticking up nicely today. Is there some news from greece or romania expected .

Cheers Bowman

rooandu - 21 Mar 2005 10:24 - 53 of 448

bowman... article in Times yesterday... greek (+) drilling update this week?!
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