Regal Petroleum PLC
16 February 2006
Immediate Release 16 February 2006
REGAL PETROLEUM PLC
('Regal' or 'the Company')
Ukrainian Update
Further to recent media commentary, the Company confirms that as a result of the
decision of the Kiev Court of Appeal announced on 31 January 2006 regarding the
legal challenge brought by Chernihivnaftogasgeologia ('CNGG') against the
Ministry of Environmental Protection ('MEP') with respect to the validity of
Regal's production licences in the Ukraine, production has been shut down at the
Company's operations on its GOL/MEX and SV fields in Ukraine. The Company has
lodged an application to the Supreme Administrative Court of Ukraine seeking an
order that production be re-opened pending Regal's further appeal to the Supreme
Administrative Court of Ukraine to establish the legality of its licences.
For further information, please contact:
Regal Tel: 020 7408 9500
Roger Phillips, Finance Director
Buchanan Communications Tel: 020 7466 5000
Bobby Morse
This information is provided by RNS
The company news service from the London Stock Exchange
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