Shale gas24 Jan 2013 16:20
According to FT :
Ukraine is expected to sign a potential $10bn-plus natural gas exploration and production deal on Thursday with Royal Dutch Shell.
The region where will take place the so called fracking by Shell,imo,icludes the area where Regal is .Of course not is included in the deal between Shell and Ukraine.
The conclusion is that ,to the quantity of 150 Mmboe proven reserves must be added an unknown quantity -for this moment- of the existent shale gas.
In October 2008 , as we know,Shell made a take-over proposal to REGAL of $1.2 Billion ie. that means a current price of approx. 2,3 GBP per share