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Regal confirms offer

Regal Petroleum has confirmed that following recent increases in its share price it is in final stage discussions to sell the company.

If the deal goes ahead Regal says that it will be an all cash offer at 24p per share.

Story provided by StockMarketWire.com

10/12/2010

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Hargreave Hale Limited ("Hargreave Hale") is authorised and regulated by the Financial Services Authority (No. 209741).
and is a member of the London Stock Exchange, the Plus Market and APCIMS. The company is incorporated in England and Wales, Company No. 3146580.
The registered office is at 9-11 Neptune Court, Hallam Way, Blackpool, FY4 5LZ.