Regal looks for new partners in Ukraine

first_img Show Comments ▼ More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMark Eaton, former NBA All-Star, dead at 64nypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale REGAL Petroleum could seek a larger partner to help tackle substantial problems with a number of gas wells it has drilled in the Ukraine after admitting yesterday it had suspended drilling while it carried out a strategic review. Regal said that two wells in the Ukraine had reached their target depth on 29 September. However, having drilled to the target depth Regal has been unable to retrieve the drill bit on its SV-69 well due to “hole stability problems and equipment failures.” Chief executive David Greer stood down the following day without giving clear reasons for doing so, while former chief executive Frank Timis cut his stake in the company from around six per cent to 3.93 per cent on 15 October. The Aim-listed oil and gas group could now seek a deal with a company with “the financial muscle and technical expertise” to complete the job it started in the Ukraine, a person familiar with the company’s position told City A.M. Two potential partners could be Shell and BP both of which already have substantial interests in the region.One of Regal’s non-executive directors is Alastair Graham, a former senior BP executive with over 29 years experience of the oil and gas industry. Graham has been given responsibility for carrying out the strategic review, which is expected to be completed in a matter of weeks.Meanwhile, Shell has been linked with a deal with Regal in the past. Most recently two years ago. Regal looks for new partners in Ukraine whatsapp Sharecenter_img Wednesday 20 October 2010 7:26 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times whatsapp KCS-content Tags: NULLlast_img

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