Regal Petroleum’s $8.63 Million Acquisition of Arkona Gas-Energy


Asters advised Regal Petroleum on the deal.

Regal Petroleum acquired Arkona Gas-Energy, a Ukrainian company holding the license to explore, develop, and produce hydrocarbons in the Svystunkivsko-Chervonolutske field, for $8.63 million.

Regal Petroleum plc is an independent oil and gas producer. The Company focuses on the exploration, development and production of oil and gas assets in the Ukraine.

The Asters team included Partner Oleg Boichuk (Picture), Senior Associate Oleksandr Khomenko and Associates Bogdana Marchuk and Natalia Kondrashyna.

Involved fees earner: Oleg Boichuk – Asters; Oleksandr Khomenko – Asters; Natalia Kondrashyna – Asters; Bogdana Marchuk – Asters;

Law Firms: Asters;

Clients: Regal Petroleum;