LSE Share Talk catch up with Andrew Bell to talk about Horse Hill Update - Upgrade to Portland Oil in Place RNS 19th July 2016.

http://www.investegate.co.uk/regency-mines-plc--rgm-/rns/horse-hill-update---upgrade-to-portland-oip/201607190700075306E/

o Petrophysical Analysis Increases Total Portland Horizon Oil in Place from 7.7 to 22.9 million barrels ("MMbbl") per square mile

o Petrophysical Model Revised Including Dry Oil Test Observations and Measurements

o Portland Flow Rates Expected to Increase Using Higher Capacity Pump

o Barton Wilmore to be Commissioned to Prepare and Submit Planning Application for Appraisal Program at Horse Hill

o Program will Seek to Test 3 Kimmeridge Limestone Zones Plus Portland for up to 360 Days, Drill Two Additional Appraisal Wells, and Acquire Additional 3D Seismic Data

Andrew Bell, Regency Chairman, comments: "The revised Nutech analysis has encouraging implications for potential recovery percentages and commercial viability. The economic potential of the Portland sandstone horizon appears much greater than previously thought.