Regal Petroleum plc announced that effective from August 1, 2017, Sergii Glazunov will become Chief Executive Officer of the company. Glazunov was appointed as a non-executive Director of the company in February 2012 and became Finance Director of the company in November 2014. The company also announced that Yevhen (Gene) Palyenka will join the executive management team of the company as Chief Financial Officer.

Palyenka joined Regal and LLC Smart Energy as an adviser in August 2016.