Regal Petroleum plc is an independent oil and gas company. The Company is engaged in the business of oil and gas exploration, development and production. The Company has oil and gas development and producing asset in Ukraine. The Company's subsidiary, Regal Petroleum Corporation Limited, holds working interest and is the operator of the Mekhediviska-Golotvshinska (MEX-GOL) and Svyrydivske (SV) gas and condensate fields located in the Dneipner-Donets sedimentary basin in the north east of Ukraine. These licenses are the Company's sole assets and extend over a combined area of approximately 270 square kilometers, located approximately 200 kilometers east of Kiev. The two licenses are adjacent and the interests are operated and managed as a field. The Company's other subsidiaries include Regal Petroleum Corporation (Ukraine) Limited, Refin Limited, Regal Petroleum (Jersey) Limited and Regal Group Services Limited.