Regal Petroleum, an independent, London-based oil and gas explorer and producer, said July 15 that it has ended all talks with potential strategic partners and financial lenders, vowing to continue its Ukraine gas field development program alone. It follows the raising last month of £63.4 million ($105 million) through a new share issue to fund its two key fields in Ukraine - ekhediviska/Golotvshinska and Svyrydivske (EiEE 167/34). Regal raised the funds having failed to arrange a loan of the same amount with Macquarie Bank in April.
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