Regal targets doubling gas production by mid-2013
19 January 2012
Regal Petroleum (RPT LN) plans to double its daily gas production from its current level (around 230 tcm) by mid-2013, according to a representative of Smart Holding, Regal’s controlling shareholder (via Interfax). The increase will come from the launch of two new wells, which Regal previously said it plans to start drilling in February and March, and from the workover of existing wells.
