Ukrainian Update

Regal Petroleum PLC
27 February 2006


Immediate Release                                        27 February 2006


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

                                Ukrainian Update


Further to the announcement dated 16 February 2006 regarding the shut down of
production at the Company's operations on its GOL/MEX and SV fields in Ukraine
as a consequence of 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, Regal has
received an order from the Supreme Administrative Court of Ukraine suspending
the ruling of the Kiev Court of Appeal until the appeal to the Supreme
Administrative Court of Ukraine is heard.

This order allows production at the Company's operations on its GOL/MEX and SV
fields in Ukraine to restart. Production will restart in the next few days.

Regal is awaiting notification of a hearing date for its further appeal to the
Supreme Administrative Court of Ukraine to establish the validity of its
licences.


For further information, please contact:

Regal                                   Tel: [phone]
Roger Phillips, Finance Director

Buchanan Communications                 Tel: [phone]
Bobby Morse



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