Business
Termination of Discussions
Termination of Discussions.
About this update from Enwell Energy Plc
[{"type":"text","content":"\n Regal Petroleum PLC\n14 December 2006\n\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR\nFROM THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY JURISDICTION\nWHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS IN THAT\nJURISDICTION\n\nImmediate Release 14 December 2006\n REGAL PETROLEUM PLC\n ('REGAL' OR THE 'COMPANY')\n \n\n STATEMENT RE: TERMINATION OF POTENTIAL OFFER DISCUSSIONS\n\n\nFurther to the announcement made on 4 July 2006 regarding the very early stage\ndiscussions which might or might not have led to an offer being made for the\nCompany, the Board of Regal has reviewed its position in the light of the\npositive outcome to the Ukrainian licence litigation announced on 12 December\n2006.\nAs a result the Board of Regal and the potential bidder have agreed that the\ndiscussions should be terminated with immediate effect.\nAs stated in the announcement made on 12 December 2006, the Company will in due\ncourse provide an update in relation to the development of its Ukrainian assets.\n\nEnquiries\nRegal Tel: 020 7408 9500\n\nFrank Scolaro, Non-Executive Chairman\nNeil Ritson, Chief Executive Officer\n\nResponsibility\nThe Directors of the Company accept responsibility for the information contained\nin this statement. To the best of their knowledge and belief (having taken all \nreasonable care to ensure that such is the case), the information contained in this\nstatement is in accordance with the facts and does not omit anything likely to \naffect the import of such information.\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":2058,"tagName":"div"}]