A1 purchases 24.43% in Regal Petroleum
Edited by Rhod Mackenzie / 2013-09-24 06:26:58
The investment company “A1”, a part of “Alfa-Group” consortium, has signed an agreement on the purchase of 24.43% shares of the oil-and-gas producing company Regal petroleum plc (Great Britain) from CIS Natural Resources Fund (under the management of Curzon Alternative Investments) with a possibility of share increase in future, is said in the press-release of “A1”.
Regal Petroleum Plc is focused on the development of hydrocarbon deposits in the Ukraine and Egypt. The company was established in 1996. The head-quarter is located in London. RIA Novosti reports.
