Regal Petroleum PLC
21 December 2007
Immediate Release 21 December 2007
REGAL PETROLEUM PLC
('Regal' or 'the Company')
Liberia Disposal
The Company announces that it has disposed of its interest in Blocks 8 and 9
offshore Liberia, through the disposal, for a nominal consideration, of its
wholly owned subsidiary Regal Liberia Limited, to European Hydrocarbons Limited,
which holds a 75% interest in such Blocks. The Production Sharing Contracts in
respect of these Blocks, through which the Company held a 25% interest, remained
unratified by the Liberian Government and the Company has taken the view that
this project does not constitute part of its future area of core interest.
For further information, please contact:
Regal Tel: 020 7408 9500
David J Greer, Chairman & CEO
Evolution Securities Tel: 020 7071 4300
Robert Collins
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