Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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Regal Petroleum PLC (RPT)

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Monday 18 June, 2012

Regal Petroleum PLC

Ukraine Operations Update

RNS Number : 5950F
Regal Petroleum PLC
18 June 2012
 



 

18 June 2012

 

Regal Petroleum Plc

("Regal" or the "Company")

 

Ukraine Operations Update

 

 

Regal Petroleum plc (AIM: RPT), the AIM-listed oil and gas exploration and production group, is pleased to provide an update on operational activities at its 100% owned and operated Mekhediviska-Golotvshinska (MEX-GOL) and Svyrydivske (SV) gas and condensate fields in Ukraine.

 

The Company's Ukrainian gas and condensate production for the period 1 April 2012 to 17 June 2012 averaged 195,632 m3/d of gas and 46 m3/d of condensate (1,507 boepd in aggregate).  The Company continues to benefit from the relatively strong gas prices in Ukraine. 

 

The Company's investment programme for 2012, which is designed to continue the development of its MEX-GOL and SV fields, is underway and includes the drilling of 2 new wells, the work-over of 3 existing wells and upgrades to its processing facilities.  This programme is being funded from existing cash and operational revenues.

 

The SV-53 well was spudded on 28 February 2012.  The well is scheduled to take 400 days to reach its target depth of 5,450 metres and is targeting the Visean reservoirs ("B-Sands").  The well is currently drilling at a depth of 4,032 metres.

 

The MEX-105 well was spudded on 17 April 2012.  The well is scheduled to take 350 days to reach its target depth of 5,250 metres and is also targeting the B-Sands. The well is currently drilling at a depth of 2,250 metres.

 

The Company has completed the first of 3 scheduled work-overs of existing wells designed to enhance production performance of these wells, with the SV-66 well now back on production following its work-over.  An upgrade of methanol equipment at 2 existing wells is also planned to commence later in 2012.

 

In addition, the MEX-3 well suffered water ingress which has caused production to cease from the well, and as a result work-over operations designed to shut off the water ingress have commenced.  Currently the production tubing has been pulled to investigate the cause of the water ingress, with significant corrosion being noted on the production tubing.  It is now planned to further investigate the condition of the production casing, and subject to the results of such investigation, to undertake remedial work, including the replacement of the production tubing.

 

Preparatory work on the upgrade of the Company's gas treatment facility is progressing.  These upgrade works are designed to enhance the facility's overall efficiency and incorporate compression equipment, and additional upgrade work is planned to provide for LPG recovery.

 

For further information, please contact:

 

Regal Petroleum plc

Tel: 020 3427 3550 

Keith Henry, Chairman


Alexey Timofeyev, Director

 

 

 

Strand Hanson Limited

Tel: 020 7409 3494

Simon Raggett / Rory Murphy

 

 

 

Citigate Dewe Rogerson

Tel: 020 7638 9571

Martin Jackson / Kate Lehane

 

 

 

Joe Staffurth, BSc Geology, PESGB, AAPG, consultant to the Company, has reviewed and approved the technical information contained within this press release in his capacity as a qualified person, as required under the AIM Rules.

 

Definitions

 

boepd               barrels of oil equivalent per day

LPG                  liquefied petroleum gas

m3/d                  cubic metres per day

 


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