Shell
Exploration and Production Ukraine (SEPU) has signed a non-binding memorandum of understanding to acquire a 51 per cent interest in
Regal PetroleumJersey (RPJ).
RPJ is a wholly owned subsidiary of Regal Petroleum and indirectly holds licences for the Mekhediviska-Golotvschinska and Svyrydivske gas fields in
Under the terms of the memorandum, Shell would become the operator of the gas fields found in the Dniepr Donetsk sedimentary basin, where most of
‘The memorandum is another important step in Shell’s development in
The negotiations, which are exclusive to Shell and Regal, are subject to due diligence and final transactional documentation.
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