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Regency Mines Plc chairman on Horse Hill project potential

Andrew Bell, chairman of Regency Mines Plc (LON:RGM), tells Proactive about the benefits of returning to the Horse Hill project which is a main focus for the company in 2016.
The discovery at the UK oil project near Gatwick Airport is in Bell’s words “the most successful onshore discovery well ever drilled in the UK.” He compares it to the Wytch Farm discovery which is “by far the biggest onshore field in Europe,” adding “this Horse Hill 1 well has had better results than the initial Wytch Farm well.”

Quick facts: Regency Mines PLC

Price: 0.9 GBX

LSE:RGM
Market: LSE
Market Cap: £1.71 m
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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