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Regency Mines PLC

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

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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Market Cap: £758.45 k
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CEO: Regency Mines’ switching focus to oil to add shareholder value

Andrew Bell, chief executive of Regency Mines Plc (LON:RGM) tells Proactive Investors the company is focusing on its oil and gas assets to help drive shareholder value. The firm has previously been principally focused on base metal assets, in particular nickel, and Bell notes the...

on 30/6/16

2 min read