14 March 2018
Regal Petroleum plc
("Regal" or the "Company")
Spud of VAS-10 Well
Regal Petroleum plc (AIM: RPT), the AIM-quoted oil and gas exploration and production group, announces the spudding yesterday evening of the VAS-10 well at its 100% owned and operated Vasyschevskoye (VAS) gas and condensate field in Ukraine.
The well has a target depth of 3,450 metres, with drilling operations scheduled to be completed in June 2018 and, subject to successful testing, production hook-up during the third quarter of 2018. The well is targeting reservoirs in the Visean formation.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For further information, please contact:
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Regal Petroleum plc |
Tel: 020 3427 3550 |
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Chris Hopkinson, Chairman Sergii Glazunov, Chief Executive Officer |
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Strand Hanson Limited |
Tel: 020 7409 3494 |
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Rory Murphy / Richard Tulloch |
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Citigate Dewe Rogerson |
Tel: 020 7638 9571 |
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Louise Mason-Rutherford / Shabnam Bashir |
Philip Frank, PhD Geology, Chartered Geologist, FGS, PESGB, Director of 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.
This information is provided by RNS