29 June 2010
Regal Petroleum (AIM: RPT LN), in a Ukraine update issued yesterday, disclosed that it received a letter from Ukraine’s Minister of Environmental Protection, dated March 30, 2010, but only received with correspondence to the company on May 21, 2010, identifying issues requiring rectification in relation to its operations at its Mekhediviska Golotvshinska (MEX-GOL) and Svyrydivske (SV) gas and condensate fields. Regal said normal operations were continuing as normal whilst it is carrying out discussions with the Ukrainian government to resolve the issues. Regal Petroleum shares dipped 10.50p to 26.00p in yesterday’s session.