Egypt Exploration Update

Regal Petroleum PLC
10 October 2007




Immediate Release                                                10 October 2007


                              REGAL PETROLEUM PLC
                           ('Regal' or 'the Company')

                        Second Exploration Well in Egypt


The Company is pleased to announce that Apache East Ras Budran Corp. LDC as
operator of the East Ras Budran Concession (the 'Concession') in Egypt has
spudded exploration well ERB-B-1X, the second of the exploration wells planned
for 2007.

Regal owns a 25% working interest in the Concession which covers an area of 521
square kilometres onshore in the Gulf of Suez.  The first exploration well,
ERB-A-1X, recently resulted in a commercial discovery in the Darat Limestone
formation which flowed at an average rate of approximately 1,900 bopd during a
12 hour flow period. The oil quality, originally estimated at 17 degree API, has
subsequently been confirmed to be of 21 degree API and further production
testing is planned for this well in 2008.

Well ERB-B-1X, which is planned to take 35 days to complete, is targeted to
penetrate prospective reservoirs in the Nubian Sandstone and is expected to be
drilled to a total depth of 8,300 feet.  The ERB-B feature lies 5 kilometres
north of the ERB-A discovery and has been identified using existing seismic
data, including the 3D survey acquired in early 2007, and is targeting
reservoirs proven to be productive in the nearby offshore Ras Budran field.



For further information, please contact:

Regal                                   Tel: [phone]
Neil Ritson, Chief Executive Officer
Frank Scolaro, Chairman

Evolution Securities                    Tel: [phone]
Robert Collins

Mirabaud Securities                     Tel: [phone]
Pav Sanghera

Buchanan Communications                 Tel: [phone]
Bobby Morse
Ben Willey



Definitions:

bopd barrels of oil per day

In accordance with the guidelines of the AIM market of the London Stock Exchange, 
Neil Ritson BSc (Hons) Geophysics, FGS, Chief Executive Officer of 
Regal Petroleum plc, is the qualified person that has reviewed the technical 
information contained in this press release.





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