The Company announces that it has completed the drilling of its second planned exploration well, RBN-3, in the Barlad Concession in Romania, where the Company holds a 100% working interest.  The RBN-3 well was drilled to a total depth of 1116 metres but after logging, it was considered that no commercial hydrocarbons were present and accordingly the well is now being plugged and abandoned.  The well was intended to evaluate primary targets in the Sarmatian formation and a secondary target in the Eocene formation.

For further information, please contact:

Regal Tel: 020 7408 9500
David J Greer, Chairman & CEO 

Evolution Securities Tel: 020 7071 4300
Robert Collins 

Mirabaud Securities Tel: 020 7321 2508
Pav Sanghera

In accordance with the guidelines of the AIM market of the London Stock Exchange, Antonio Mozetic, PhD Geological Sciences, SPE, Director of Regal Petroleum plc, is the qualified person that has reviewed the technical information contained in this press release.