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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 Ukraine, Romania 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 Nov 2005	4:44 pm	RNS	Holding(s) in Company
14th Nov 2005	7:02 am	RNS	Response to Media
11th Nov 2005	5:28 pm	RNS	Ukrainian Update
11th Nov 2005	9:48 am	RNS	Technical Team Appointment
10th Nov 2005	3:11 pm	RNS	Drilling Update
31st Oct 2005	5:34 pm	RNS	Share Purchase and Options
21st Oct 2005	3:56 pm	RNS	Holding(s) in Company
20th Oct 2005	10:46 am	RNS	Holding(s) in Company
14th Oct 2005	5:01 pm	RNS	Holding(s) in Company
12th Oct 2005	9:53 am	RNS	Legal Conclusion in Ukraine
10th Oct 2005	11:27 am	RNS	Holding(s) in Company
7th Oct 2005	12:20 pm	RNS	Holding(s) in Company
7th Oct 2005	12:16 pm	RNS	Holding(s) in Company
6th Oct 2005	1:31 pm	RNS	Ukrainian Licence Update
6th Oct 2005	10:56 am	RNS	Holding(s) in Company
6th Oct 2005	10:51 am	RNS	Holding(s) in Company
3rd Oct 2005	2:50 pm	RNS	Holding(s) in Company
3rd Oct 2005	11:18 am	RNS	Holding(s) in Company
3rd Oct 2005	7:00 am	RNS	Ukraine Reserves Report
3rd Oct 2005	7:00 am	RNS	Ukrainian Update
30th Sep 2005	1:18 pm	RNS	Holding(s) in Company
29th Sep 2005	1:27 pm	RNS	Ukrainian Update
28th Sep 2005	7:03 am	RNS	Interim Results
26th Sep 2005	11:04 am	RNS	Holding(s) in Company
26th Sep 2005	7:03 am	RNS	Ukranian Update
23rd Sep 2005	4:15 pm	RNS	Holding(s) in Company
15th Sep 2005	11:55 am	RNS	Holding(s) in Company
15th Sep 2005	7:01 am	RNS	Ukrainian Update
14th Sep 2005	5:21 pm	RNS	Holding(s) in Company
14th Sep 2005	2:18 pm	RNS	Holding(s) in Company
13th Sep 2005	7:02 am	RNS	Greece Operational Update
9th Sep 2005	2:02 pm	RNS	Ukrainian Update
2nd Sep 2005	4:31 pm	RNS	Holding(s) in Company
2nd Sep 2005	7:01 am	RNS	Corporate Update
1st Sep 2005	4:36 pm	RNS	Holding(s) in Company
31st Aug 2005	1:42 pm	RNS	Update on Contract
31st Aug 2005	11:32 am	RNS	Holding(s) in Company
30th Aug 2005	1:02 pm	RNS	Holding(s) in Company
26th Aug 2005	12:50 pm	RNS	Holding(s) in Company
18th Aug 2005	10:47 am	RNS	Holding(s) in Company
17th Aug 2005	10:54 am	RNS	Holding(s) in Company
5th Aug 2005	4:30 pm	RNS	Holding(s) in Company
4th Aug 2005	1:03 pm	RNS	Holding(s) in Company
29th Jul 2005	4:39 pm	RNS	Holding(s) in Company
29th Jul 2005	7:01 am	RNS	AGM Statement
27th Jul 2005	9:26 am	RNS	Holding(s) in Company
15th Jul 2005	3:52 pm	RNS	Holding(s) in Company
12th Jul 2005	5:19 pm	RNS	Holding(s) in Company
6th Jul 2005	5:51 pm	RNS	Holding(s) in Company
5th Jul 2005	5:50 pm	RNS	Holding(s) in Company

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