Regal Petroleum PLC
21 December 2007
Immediate Release 21 December 2007
REGAL PETROLEUM PLC
('Regal' or 'the Company')
Gas Discovery in
Dornesti Sud-1 Well in Romania
The Company is pleased to announce that Aurelian Oil and Gas plc, through its
wholly owned Romanian subsidiary, Aurelian Oil & Gas Romania S.R.L.
('Aurelian'), as operator of the Suceava EV-1 Concession (the 'Concession') in
Romania has completed flow testing of the Dornesti Sud-1 exploration well.
A flow test of a 12.5 metre interval, from 531.8 metres to 544.3 metres,
produced gas at an average rate of 24,840 Sm3/d (876 Mscf/d) with a flowing
wellhead pressure of 32 bar (464 psi) on a 12mm choke over a 8 hour main flow
period.
The Dornesti Sud-1 well was drilled through the Sarmatian formation to a total
depth of 910 metres and encountered gas in the interval 528 metres to 545
metres. This section, which consists of sandstones interbedded with siltstones
and claystones, was interpreted to be gas bearing on evaluation with electrical
logs.
The well has been completed as a production well and efforts will be directed to
tying it in during 2008 to the Bilca Gas Plant, operated by Aurelian on its
adjacent Brodina Block EIII-1 concession.
Regal holds a 50% working interest in the Concession with Aurelian holding the
remaining 50% interest, and the Concession covers an area of 4,103 square
kilometres onshore in the north-east of Romania.
For further information, please contact:
Regal Tel: 020 7408 9500
David J Greer, Chairman & Chief Executive Officer
Evolution Securities Tel: 020 7071 4300
Robert Collins
Mirabaud Securities Tel: 020 7321 2508
Pav Sanghera
Definitions:
bar one atmosphere pressure
mm millimetres
Mscf/d million standard cubic feet per day
psi pounds per square inch
Sm3/d standard cubic metres per day
In accordance with the guidelines of the AIM market of the London Stock
Exchange, Antonio Mozetic, PhD Geological Sciences, SPE, Director of Regal
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
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