Updates

Regal Petroleum - Drilling report due this month

February 2005

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The shares have risen on high volume but remain volatile as the market awaits an update on the Greek and Romanian operations, including details on drilling and production. Meanwhile, there were two items of news. Regal said it has increased its ownership in Kavala Oil, the licence holder of the Greek assets of Prinos, Epsilon and Kallirachi from 81.66% to 95%. The cost was Eu892,000 for the minority interest which adds 80m barrels of 2P reserves from the Prinos fields. Regal also said that as part of a consortium comprising it and European Hydrocarbons, a privately owned company in which both Regal and Frank Timis has beneficial interests, it has been awarded an interest in two exploration blocks offshore Liberia (Blo ...

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Metal Bulletin - Trading ahead of forecasts

Macro4

Regal Petroleum - Greek news still awaited (May 2005)

Regal Petroleum - Continues data collection (March 2005)

Regal Petroleum - Evolution suggests 550p price target based on Kallirachi success (January 2005)

Regal Petroleum - Starts drilling in Kallirachi (November 2004)

Regal Petroleum (October 2004)

Regal Petroleum - Evolution says assets worth 667p (excluding Romania) (September 2004)

Regal Petroleum - New high ahead of anticipated newsflow (July 2004)

Regal Petroleum - Ukrine gas plant going gangbusters (June 2004)

Regal Petroleum - 25-fold increase in production in 2004; Reserve update due in June (May 2004)

Regal Petroleum - Shares up 173% since Jan '03 buy (February 2004)

Regal Petroleum - First positive trading update since float (February 2003)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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