KIEV, Nov. 21 - Shell Exploration & Production Ukraine Investments BV reached a preliminary agreement to buy a 51% stake in Regal Petroleum Limited, which owns oil and gas assets in Ukraine, for $50 million.
Regal indirectly owns licenses for the development of the Mekhedivsko-Holotovshchynsky and Svyrydivsky gas condensate fields in Ukraine, in which Shell may invest $360 million, Regal Petroleum said in a statement.
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