Regal Petroleum Announces Gas Discovery in Dornesti Sud-1 Well in Romania

Regal Petroleum announces that Aurelian Oil and Gas plc, through its wholly owned Romanian subsidiary, Aurelian Oil & Gas Romania S.R.L. (”Aurelian”), as operator of the Suceava EV-1 Concession (the “Concession”) in Romania has completed flow testing of the Dornesti Sud-1 exploration well.

A flow test of a 12.5 metre interval, from 531.8 metres to 544.3 metres, produced gas at an average rate of 24,840 Sm3/d (876 Mscf/d) with a flowing wellhead pressure of 32 bar (464 psi) on a 12mm choke over a 8 hour main flow period.

The Dornesti Sud-1 well was drilled through the Sarmatian formation to a total depth of 910 metres and encountered gas in the interval 528 metres to 545 metres. This section, which consists of sandstones interbedded with siltstones and claystones, was interpreted to be gas bearing on evaluation with electrical logs.

The well has been completed as a production well and efforts will be directed to tying it in during 2008 to the Bilca Gas Plant, operated by Aurelian on its adjacent Brodina Block EIII-1 concession.

Regal holds a 50% working interest in the Concession with Aurelian holding the remaining 50% interest, and the Concession covers an area of 4,103 square kilometres onshore in the north-east of Romania.