RPT.L Regulatory News (RPT)

21 Nov 2007 16:14

Regal Petroleum PLC21 November 2007 Immediate Release 21 November 2007 REGAL PETROLEUM PLC ("Regal" or "the Company") Suceava Well Spud The Company is pleased to announce that Aurelian Oil and Gas plc, through itswholly owned Romanian subsidiary, Aurelian Oil & Gas Romania S.R.L., as operatorof the Suceava EV-1 Concession (the "Concession") in Romania spudded explorationwell, Dornesti-1, on 18 November 2007. Regal owns a 50% working interest in the Concession which covers an area of4,103 square kilometres onshore in the north-east of Romania. The well, which is planned to take 15 days, is to reach a target in theSarmatian Formation. For further information, please contact: Regal Tel: 020 7408 9500 Neil Ritson, Chief Executive OfficerFrank Scolaro, Chairman Evolution Securities Tel: 020 7071 4300Robert Collins Mirabaud Securities Tel: 020 7321 2508Pav Sanghera Buchanan Communications Tel: 020 7466 5000Bobby MorseBen Willey In accordance with the guidelines of the AIM market of the London StockExchange, Neil Ritson BSc (Hons) Geophysics, FGS, Chief Executive Officer ofRegal Petroleum plc, is the qualified person that has reviewed the technical information contained in this press release. This information is provided by RNS The company news service from the London Stock Exchange