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Nov 26, 2007 

ShareCast - Ukraine - Shell terminates MoU Ukraine Deal, confirms Regal

For the complete report from ShareCast click on this link

Ukraine - Shell terminates MoU Ukraine Deal, confirms Regal

Shell has terminated a Memorandum of Understanding covering interests in Ukraine signed with oil explorer Regal Petroleum last week, Regal said Monday. “The company is considering its options for the development and commercialization of its Ukrainian assets,” said Regal this morning. The agreement with Shell over a sale of a 51% stake in its Ukraine interests was announced last Wednesday.

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