Regal Price Expectations

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Ztrade - Thu, 01 Jan 04 :

swisher99

Expect market movement on the following news:

1) Prelims early Febuary.

2) Results of Kavala Oil exploration of Kallirachi prospect. Target depth should be reached by 31/01/2004.

3) Annoucements about reaching sustainable levels of gas production in the Ukraine. This will allow more gas to be exported, commanding higher prices.
( Local traders pay $54:00 per thousand cubic metres. Exported gas fetches $90:00 per thousand cubic metres.)

4) Annoucements relating to new exploration drilling.

5) Annoucements relating to existing exploration drilling.

6) News on new licences/contracts.

7) News relating to existing reserves. (Actual figures)

8) News of new Funds coming on board or existing Funds increasing stake.

One of the new funds is expecting a share price of £1.50 by Febuary so now would be an excellent time for any doubter to jump on board.

Happy New Year to all!


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