Regal petroleum, the AIM-listed oil and gas company operating in the Ukraine,
has announced that its auditor, KPMG has resigned with immediate effect.
The announcement was made by Regal yesterday who said the firm had confirmed
that ‘there are no circumstances connected with their resignation that they
consider should be brought to the attention of the Company’s members or
A new auditor has yet to be appointed. The company is also looking to appoint
a new nominated adviser and broker.
Regal has been struggling of late after a much-hyped exploration well off
Greece was unsuccessful.
UK senior partner Phil Verity has been elected for a second term at Mazars
An audit partner has been appointed at Grant Thornton in its North West offices
KPMG has been appointed with “immediate” effect as the auditor of Dorcaster
The audit for Ibstock will be taken over by Deloitte following a competitive tender process