21 Apr 2016 14:48
21 April 2016
Regal Petroleum plc
("Regal" or the "Company")
Ukraine Update
Regal Petroleum plc (AIM: RPT), the AIM-quoted oil and gas exploration and production group, announces an update of operational activities at its 100% owned and operated Mekhediviska-Golotvshinska (MEX-GOL) and Svyrydivske (SV) gas and condensate fields in Ukraine.
Average gas, condensate and LPG production from the MEX-GOL and SV fields for the period from 1 January 2016 to 31 March 2016 was 173,886 m3/d of gas, 42 m3/d of condensate and 19 m3/d of LPG (1,435 boepd in aggregate).
In the same period, Regal purchased 2,345,678 m3 of "wet" gas produced from the adjacent Lutsenky field and following treatment of this gas through Regal's gas processing facilities, produced 1,435,277 m3 of gas, 364 m3 of condensate and 3,057 m3 of LPG (24,688 boe in aggregate).
For further information, please contact:
Regal Petroleum plc | Tel: 020 3427 3550 |
Keith Henry, Chairman Sergei Glazunov, Financial Director | |
Strand Hanson Limited | Tel: 020 7409 3494 |
Rory Murphy / Richard Tulloch |
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Citigate Dewe Rogerson | Tel: 020 7638 9571 |
Martin Jackson / Shabnam Bashir |
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Philip Frank, PhD Geology, Chartered Geologist, FGS, PESGB, consultant to the Company, has reviewed and approved the technical information contained within this press release in his capacity as a qualified person, as required under the AIM Rules.
Definitions
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boe | barrels of oil equivalent |
boepd | barrels of oil equivalent per day |
LPG | liquefied petroleum gas |
m3/d | cubic metres per day |
m3 | cubic metres |
% | per cent |