Home
/
News
/

Regal Petroleum Seeks Partial Divestment of Ukrainian Assets

Regal Petroleum Seeks Partial Divestment of Ukrainian Assets

27 April 2008

Regal Petroleum (RPT LN) announced yesterday in a press release that it has retained Tristone Capital to advise the company on the partial divestment of interest in the company’s Mekhedivska-Golotvyschinska and Svyrydivske gas and condensate fields. Tristone Capital recently completed a detailed review of strategic options for the fields for Regal. According to Regal, the partial divestment process will assist in the further development of these two Ukrainian fields due to expected arrival of a strategic partner taking an interest of 50% in the project and possibly participating in operation of the fields.

Latest News

News

23

02/2022

Separatists may claim entire territories of two Ukrainian regions

Russia has recognized “all fundamental documents” of the self-proclaimed Donetsk and Luhansk People’s Republics (DNR...

News

23

02/2022

U.K. to provide USD 500 mln loan guarantee for Ukraine as IMF mission starts

The British government is going to provide up to USD 500 mln in loan guarantees...

News

23

02/2022

MinFin bond auction receipts jump to UAH 3.5 bln

Ukraine’s Finance Ministry raised UAH 3.3 bln and EUR 7.2 mln (the total equivalent of...