Trainer Anthony Honeyball is looking to get Regal Encore back to the track in the Imperial Cup at Sandown on March 8.
Last season's Cheltenham champion bumper runner-up, owned by JP McManus, has resumed work after having had a break following his surprise defeat at Hexham in December.
Though the six-year-old holds entries at this year's Festival, Honeyball revealed Regal Encore's main target was Sandown's feature, in which he would be making his handicap hurdle debut, the weekend before Cheltenham.
"He's fine and ticking over. He'll have an entry in the Imperial Cup. I don't think he'll get in any of the handicaps at Cheltenham off his mark of 130, but we'll enter him in them and see," said the Dorset trainer.
"He's in the Supreme and the Neptune but he won't run in either of those, I'd have thought.
"The Imperial Cup is where we are aiming him for and hopefully he'll have a good preparation for it. It would be nice to go for that and see where we are."