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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
1st Jul 2005	5:14 pm	RNS	Holding(s) in Company
30th Jun 2005	4:19 pm	RNS	Reserves Update
22nd Jun 2005	3:25 pm	RNS	Holding(s) in Company
21st Jun 2005	9:01 am	RNS	Holding(s) in Company
20th Jun 2005	10:02 am	RNS	Statement re Contract
17th Jun 2005	4:29 pm	RNS	Holding(s) in Company
16th Jun 2005	1:12 pm	RNS	Holding(s) in Company
15th Jun 2005	2:50 pm	RNS	Holding(s) in Company
15th Jun 2005	12:22 pm	RNS	Directorate Change
10th Jun 2005	7:00 am	RNS	Directorate Change
7th Jun 2005	1:32 pm	RNS	Directorate Change
6th Jun 2005	4:42 pm	RNS	Holding(s) in Company
3rd Jun 2005	4:48 pm	RNS	Holding(s) in Company
31st May 2005	7:02 am	RNS	Final Results
25th May 2005	9:08 am	RNS	Holding(s) in Company
24th May 2005	10:40 am	RNS	Holding(s) in Company
24th May 2005	7:03 am	RNS	Directorate Change
20th May 2005	12:32 pm	RNS	Holding(s) in Company
19th May 2005	5:39 pm	RNS	Holding(s) in Company
19th May 2005	5:38 pm	RNS	Holding(s) in Company
19th May 2005	7:04 am	RNS	Operational Update
18th May 2005	9:19 am	RNS	Holding(s) in Company
18th May 2005	7:01 am	RNS	Testing Completed
12th May 2005	12:20 pm	RNS	Holding(s) in Company
12th May 2005	10:55 am	RNS	Holding(s) in Company
11th May 2005	12:08 pm	RNS	Holding(s) in Company
9th May 2005	11:56 am	RNS	Holding(s) in Company
6th May 2005	5:06 pm	RNS	Holding(s) in Company
6th May 2005	3:05 pm	RNS	Holding(s) in Company
6th May 2005	3:05 pm	RNS	Holding(s) in Company
6th May 2005	3:05 pm	RNS	Holding(s) in Company
5th May 2005	9:19 am	RNS	Holding(s) in Company
5th May 2005	7:00 am	RNS	Holding(s) in Company
5th May 2005	7:00 am	RNS	Holding(s) in Company
3rd May 2005	10:46 am	RNS	Holding(s) in Company
3rd May 2005	10:23 am	RNS	Holding(s) in Company
3rd May 2005	10:12 am	RNS	Holding(s) in Company
27th Apr 2005	1:19 pm	RNS	Holding(s) in Company
27th Apr 2005	11:06 am	RNS	Holding(s) in Company
27th Apr 2005	10:30 am	RNS	SAR 3 - Regal Petroleum
25th Apr 2005	5:58 pm	RNS	Placing
25th Apr 2005	7:01 am	RNS	Significant Gas Discovery
25th Apr 2005	7:01 am	RNS	Trading Update
25th Apr 2005	7:01 am	RNS	Appointment of Non-Executives
22nd Apr 2005	9:33 am	RNS	Holding(s) in Company
21st Apr 2005	11:56 am	RNS	Holding(s) in Company
21st Apr 2005	11:26 am	RNS	Holding(s) in Company
18th Apr 2005	10:53 am	RNS	Holding(s) in Company
15th Apr 2005	3:45 pm	RNS	Holding(s) in Company
14th Apr 2005	12:07 pm	RNS	Holding(s) in Company

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