28th Dec 2007 14:47
Regal Petroleum PLC28 December 2007 Immediate Release 28 December 2007 REGAL PETROLEUM PLC ("Regal" or "the Company") Romania Well Plugging and Abandonment The Company announces that it has completed the drilling of its second plannedexploration well, RBN-3, in the Barlad Concession in Romania, where the Companyholds a 100% working interest. The RBN-3 well was drilled to a total depth of1116 metres but after logging, it was considered that no commercial hydrocarbonswere present and accordingly the well is now being plugged and abandoned. Thewell was intended to evaluate primary targets in the Sarmatian formation and asecondary target in the Eocene formation. For further information, please contact: Regal Tel: 020 7408 9500 David J Greer, Chairman & CEO Evolution Securities Tel: 020 7071 4300Robert Collins Mirabaud Securities Tel: 020 7321 2508Pav Sanghera In accordance with the guidelines of the AIM market of the London StockExchange, Antonio Mozetic, PhD Geological Sciences, SPE, Director of RegalPetroleum plc, is the qualified person that has reviewed the technicalinformation contained in this press release. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
RPT.L