Completion of pipeline

Regal Petroleum PLC
04 December 2003


For Immediate Release                                 4 December 2003



                              REGAL PETROLEUM PLC


                           ('Regal' or 'the Company')


                UKRAINE EXPORT PIPELINE COMPLETED AND CONNECTED


The Board of Directors are pleased to announce that a 13.2 km export pipeline
constructed by Regal, connecting the company's gas processing plant in Ukraine
to the International export trunk line to Western Europe, has been completed and
connected.


All Ukraine government approvals have been obtained and the company's existing
gas production is now being transported through the new pipeline which has a
capacity of 4 million cubic meters of gas per day.


Completion of the pipeline is the culmination of Regal's plan to be independent
of the State owned infrastructure. The company now operates it's own gas and
condensate wells, gas processing plant and pipelines.


 Executive Chairman Frank Timis said:


'Completion of the pipeline is a major achievement for Regal as it will
facilitate the planned export of Ukraine gas production and ensures company
control of the infrastructure as well as providing significant cost savings'.


For further information, please contact:


Regal Petroleum                                               Tel: [phone]
Frank Timis, Executive Chairman
Glenn Featherby, Finance Director

Buchanan Communications                                       Tel: [phone]
Bobby Morse
Catherine Miles




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