Business
Appointment of Advisor
Appointment of Advisor.
About this update from Enwell Energy Plc
[{"type":"text","content":"\n Regal Petroleum PLC\n09 March 2007\n\n\nImmediate Release 9 March 2007\n\n\n REGAL PETROLEUM PLC \n ('Regal' or 'the Company') \n\n Appointment of Advisor \n\n\nThe Company is pleased to announce the engagement of Tristone Capital Limited, a\nspecialist global energy advisory firm, as an advisor in the development of\nparts of Regal's asset portfolio. \n \nTristone Capital has been engaged to advise on potential strategic options for\nRegal's Ukrainian production licences with a view to accelerating the further\ndevelopment of its existing producing gas fields, Mekhediviska-Golotvschinska\n(MEX-GOL) and Svyrydivske (SV). Regal's Directors would like to stress, however,\nthat the initiation of a strategic review of options does not imply that any\ntransaction is either imminent or certain to occur.\n\nNeil Ritson, Regal's Chief Executive Officer, commented: 'As Regal seeks to\ndevelop its portfolio we are delighted to be able to work with the team at\nTristone Capital who have gained an excellent reputation for their handling of a\nnumber of major transactions in the oil and gas sector.'\n\n\nFor further information, please contact:\n \nRegal Tel: 020 7408 9500 \nNeil Ritson, CEO \nFrank Scolaro, Chairman \n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1803,"tagName":"div"}]