19th May 2006 13:53
Regal Petroleum PLC19 May 2006 For Immediate Release 19 May 2006 -------------------------------------------------------------------------------- PRESS RELEASE - PRESS RELEASE - PRESS RELEASE - PRESS RELEASE - PRESS RELEASE REGAL PETROLEUM PLC ("the Company") Settlement of Contractual Dispute The Company is pleased to advise that the on-going dispute between the Companyand Peak Resources Limited of Hong Kong in respect of the validity of an optionrelating to the Company's assets in Ukraine has been settled with the effectthat the disputed option is now terminated. For the avoidance of doubt, this settlement is not in any way related to theon-going litigation in Ukraine regarding the validity of the Company's Ukrainianproduction licences and the position in this regard remains as announced by theCompany on 9 May 2006. For further information, please contact: Regal Petroleum plc Tel: 020 7408 9500Paul Morgan - Chairman & CEO Buchanan Communications Tel: 020 7466 5000Bobby Morse This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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