Drilling Update Romania

RNS Number : 4407R

Regal Petroleum PLC

23 August 2010

 



Regal Petroleum plc

("Regal" or the "Company")

23 August 2010

Regal Petroleum spuds exploration well in Romania

Regal, the AIM-listed oil and gas exploration and production group (symbol: RPT), is pleased to announce the spud of exploration well E-1 Sagna on 22 August 2010 in its 100%-held Barlad Concession in Romania.

E-1 Sagna is being drilled based on an expanded network of 2D seismic profiles close to Regal's RBN-4 gas discovery announced on 13 December 2007. The well is designed to provide an additional test of the regionally productive gas-bearing Sarmatian aged sandstone reservoirs. The planned total depth of the well will be approximately 900 metres and it is anticipated that the well will be completed by mid-September.

For further information, please contact:

Regal Petroleum plc	Tel: [phone]
David J Greer, CEO
Strand Partners Limited	Tel: [phone]
Simon Raggett / Rory Murphy
Mirabaud Securities	Tel: [phone]
Peter Krens / Pav Sanghera
Citigate Dewe Rogerson	Tel: [phone]
Enquiries: Martin Jackson / George Cazenove

 

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