Proactiveinvestors United Kingdom Regal Petroleum articles

Regal Petroleum turns attention back on production after crucial six months

Wed, 28 Sep 2011 09:16:00 +0100

Regal Petroleum is now focusing its attentions revamping production at its Ukrainian gas projects after it managed to overcome its legal and regulatory problems in the past six months. The emphasis will initially be on the shallower gas reservoirs, which require smaller rigs, and boosting cash generation.

Regal Petroleum: New twist in Ukrainian takeover stand-off

Tue, 18 Jan 2011 09:46:00 +0000

The closely followed takeover story was stirred up once again after Regal revealed the details of two alternative proposals put forward by Ukrainian oligarch Victor Pinchuk. Whilst Pinchuk's proposals ‘out-bid’ Energees Management’s recommended 24 pence offer, the oligarch is yet to make a firm offer, and the clock is ticking.

Regal Petroleum: is the end of uncertainty in sight?

Mon, 13 Dec 2010 15:51:00 +0000

A month ago it was friendless and mired in a regulatory spat so serious that it was forced to shut down its gas operations in the Ukraine. Now it has recommended a £77 million bid and a local oligarch also wants to buy them. Here we look at the potential for an all out bidding war, and the main players in this drama surrounding one the market’s most colourful companies.

Regal Petroleum shares spike on Ukrainian takeover battle

Mon, 13 Dec 2010 08:43:00 +0000

Is there a light at the end of the tunnel for Regal Petroleum shareholders? After a tough few months, in which technical and regulatory problems have brought work to a standstill, it has now recommended a £77 million takeover bid, but a local oligarch is lining up an alternative proposal.

Regal Petroleum shares sky-rocket on takeover talk

Thu, 25 Nov 2010 14:59:00 +0000

Shares shot up 50 percent as it became a bid target. Regal confirmed that it has received a number of approaches and it is in preliminary talks. Speculation is rife surrounding the source of the bids, and investors are eagerly awaiting further details.

Regal Petroleum on the brink of great things

Tue, 10 Aug 2010 11:55:00 +0100

The next few months promise to be pivotal to the future of Regal Petroleum (LON: RPT) – and may even act as decisive break with the past. The company has made huge progress in the last past two and half years under new boss David Greer.

Regal Petroleum doubles production from SV-58 after successful well intervention

Tue, 06 Apr 2010 09:21:00 +0100

Shares in the company were boosted by the good news from the Svyrydivske (SV) gas and condensate field in Ukraine, where work contunues to progress on five more wells.

Regal Shareholders Have a Lot to Look Forward to in 2010

Fri, 08 Jan 2010 10:50:00 +0000

Regal's 2P reserves are almost equivalent to those of mid-tier oil and gas E & P companies listed on the FTSE, so it should come as no surprise to investors that the company is mulling a move up to the main board.

Regal Petroleum says outlook upbeat after revenues hike 30%, shares up

Wed, 16 Sep 2009 10:04:00 +0100

Ukrainian focused gas producer Regal Petroleum posted a 30% increase in revenues and narrowed its operating loss, expecting a significant increase in production in H2 and improved revenues next year.

Regal Petroleum – The Dawn of a New Era

Fri, 02 Jan 2009 09:29:00 +0000

Regal has recently been rebranded, refinanced and appears to be leaving its colourful past behind - the next twelve months should see production increase rapidly from its key assets.