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Company Update

15 Apr 2009 11:16

RNS Number : 5977Q
Regal Petroleum PLC
15 April 2009
 



Regal Petroleum plc

("Regal" or the "Company")

15 April 2009

COMPANY UPDATE

Regal Petroleum, the AIM-listed (RPT) oil and gas exploration and production group operating in UkraineRomania and Egypt, today announces that it has suspended discussions with Macquarie Bank Limited in relation to the prospective provision of a loan facility for up to $US100 million.

Regal's primary objective remains to further strengthen its financial position on optimal terms and provide the funds to implement the Company's development strategy, which the Company believes will deliver significant value to shareholders.

Negotiations with other potential lenders and commercial / joint venture partners continue, and further announcements will be made as appropriate.

 

For further information, please contact:

Regal Petroleum plc Tel: 020 7408 9500

David J Greer, CEO

Strand Partners Limited Tel: 020 7409 3494 

Simon Raggett / Rory Murphy

Mirabaud Securities Tel: 020 7878 3362

Peter Krens / Pav Sanghera

Citigate Dewe Rogerson Tel: 020 7638 9571

Enquiries: George Cazenove

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCSFIFSISUSEFL
Date   Source Headline
14th Dec 20067:01 amRNSTermination of Discussions
13th Dec 200612:07 pmRNSNotification of Interest
13th Dec 20069:31 amRNSEPT Disclosure
12th Dec 20064:06 pmRNSLicence Update
12th Dec 20068:57 amRNSEPT Disclosure
11th Dec 20065:11 pmRNSHolding(s) in Company
11th Dec 200611:38 amRNSEPT Disclosure
11th Dec 200611:36 amRNSRule 8.3- Regal Petroleum PLC
8th Dec 20069:48 amRNSEPT Disclosure
7th Dec 200610:31 amRNSEPT Disclosure
6th Dec 20069:30 amRNSEPT Disclosure
6th Dec 20067:02 amRNSRomania Update
5th Dec 200610:59 amRNSEPT Disclosure
4th Dec 200612:17 pmRNSRule 8.3- Regal Petroleum
4th Dec 200611:05 amRNSEPT Disclosure
1st Dec 200610:37 amRNSEPT Disclosure
29th Nov 200610:17 amRNSEPT Disclosure
28th Nov 20064:07 pmRNSRule 8.3-Regal Petroleum-Amd
28th Nov 20062:59 pmRNSRule 8.3- (Regal Petroleum)
27th Nov 200611:41 amRNSEPT Disclosure
24th Nov 20069:13 amRNSEPT Disclosure
23rd Nov 200611:53 amRNSEPT Disclosure
21st Nov 200610:06 amRNSEPT Disclosure
20th Nov 200610:42 amRNSEPT Disclosure
17th Nov 200610:48 amRNSEPT Disclosure
16th Nov 200610:13 amRNSEPT Disclosure
15th Nov 200610:51 amRNSEPT Disclosure
14th Nov 20069:56 amRNSEPT Disclosure
10th Nov 20069:24 amRNSEPT Disclosure
8th Nov 200612:59 pmRNSHolding(s) in Company
8th Nov 200610:16 amRNSEPT Disclosure
7th Nov 20069:50 amRNSEPT Disclosure
6th Nov 20069:08 amRNSEPT Disclosure
3rd Nov 200611:37 amRNSRule 8.3- Regal Petroleum
2nd Nov 200610:21 amRNSEPT Disclosure
1st Nov 200610:07 amRNSEPT Disclosure
31st Oct 200612:06 pmRNSRule 8.3- Regal Petroleum
31st Oct 200611:16 amRNSEPT Disclosure
30th Oct 200612:01 pmRNSRule 8.3- Regal Petroleum
30th Oct 200611:41 amRNSEPT Disclosure
27th Oct 200611:24 amRNSEPT Disclosure
26th Oct 200610:44 amRNSEPT Disclosure
25th Oct 20069:48 amRNSEPT Disclosure
24th Oct 20069:07 amRNSEPT Disclosure
23rd Oct 200612:18 pmRNSRule 8.3- Regal Petroleum PLC
23rd Oct 200610:26 amRNSEPT Disclosure
19th Oct 20069:54 amRNSEPT Disclosure
18th Oct 20069:49 amRNSEPT Disclosure
17th Oct 20065:42 pmRNSHolding(s) in Company
17th Oct 20064:32 pmRNSHolding(s) in Company

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