Business
Settlement of Saipem Contract
Settlement of Saipem Contract.
About this update from Enwell Energy Plc
[{"type":"text","content":"\n RNS Number : 1330Y Regal Petroleum PLC 16 December 2010 \n \n\nRegal Petroleum plc\n(\"Regal\" or the \"Company\")\n \n16 December 2010\n \n \nSETTLEMENT OF SAIPEM CONTRACTS\n \nRegal, the AIM-listed oil and gas exploration and production group (symbol: RPT), published (pursuant to Rule 2.9 of the City Code on Takeovers and Mergers) an announcement on 10 December 2010, which was released via RNS on 13 December 2010, that it had reached agreement with its drilling rig contractor, Saipem SpA (\"Saipem\"), concerning various settlements of all liabilities and obligations with Saipem; subject to contract. The Company is pleased to announce that the terms, as detailed in the announcement on 13 December, have now been formally agreed.\n \n \n \nFor further information, please contact:\n \nRegal Petroleum plc Tel: 020 7408 9500 \nK Henry, Chairman\nR Wilde, Finance Director\n \nStrand Hanson Limited Tel: 020 7409 3494 \nSimon Raggett / Rory Murphy\n \nCitigate Dewe Rogerson Tel: 020 7638 9571\nMartin Jackson / George Cazenove\n \n \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCEAKAKFDSEFFF \n ","length":2925,"tagName":"div"}]