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RNS Number : 9657V
Regal Petroleum PLC
21 April 2016
 

 

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

 

 

 

Citigate Dewe Rogerson

Tel: 020 7638 9571

Martin Jackson / Shabnam Bashir

 

 

 

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

 

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

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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