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Regency Mines boss: this makes the south of England into Texas

Last updated: 23:17 22 Feb 2016 AEDT, First published: 18:17 22 Feb 2016 AEDT

Regency Mines (LON:RGM) CEO Andrew Bell tells Proactive Investors that breakthrough well testing results at the Horse Hill oil project have been extraordinary.  "When we sold, the hype had got way ahead of the fact.... What we can say now is that this is the real deal. The flow rates change everything" he said.

Bell said that the possible path to production at this well could be less than two years. "This is something completely different. This makes the south of England into Texas" he said.

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