UK oil and gas explorer Regal Petroleum Plc said on Thursday it had raised around 80 million pounds through a share placing and added it was being investigated by the London Stock Exchange for alleged breaches of market rules.
Regal said the money raised would be used to develop its Ukrainian gas fields. In November, Royal Dutch Shell Plc pulled out of a deal, announced only two days earlier, to buy a 51 percent stake in the assets and to fund their development.