About Aurelian

Aurelian was founded in 2002 by its current managing director, Michael Seymour. It concentrates its activities in the Central Europe Region, where Mr. Seymour, together with many of his present Team, have worked for more than thirteen years.
The Company's expertise and Strategy lies in identifying and developing sound projects within its region of focus and expertise. Applying an aggressive exploration programme and conducting high quality technical work to it's projects, Aurelian is building a balanced portfolio which includes production, appraisal and exploration Projects.

Current Projects span the Region from Poland to Bulgaria, now with production in Romania, a deep appraisal well to be drilled on a large structure in Poland in March 2007, together with exciting exploration prospects including projects in four countries, Romania (4 blocks), Slovakia (3 blocks), Bulgaria (2 blocks) and Poland (2 blocks). Aurelian is the operator in all of these except Bulgaria. Details are provided elsewhere on this site.

Aurelian's exploration and development programme is well funded for the foreseeable future. The company has a committed management team with in-depth experience of the region, and the broad base of expertise required to identify and develop the company's business and value.

Regional Strategy

Aurelian focuses its activities in Central Europe, from the Baltic to the Mediterranean. This region is the oldest producing oil province in the world. First oil was mined here in the early centuries of the last millennium and was first developed commercially as early as 1853 when the first well ever was drilled. The Company's area of focus covers the whole of the area from Poland and the Baltic states, to the Mediterranean. We will continue to apply for concessions in this area. It is hoped that further awards will be announced before the end of the year.




Outlook

Aurelian has an aggressive and ambitious exploration programme. Seismic will be acquired in all the countries where the company currently operates. Low risk exploration wells will be drilled in Romania and deeper higher impact wells are being drilled in Poland and Bulgaria in 2007. Production from discoveries will be developed to produce revenues in 2008 and beyond. Aurelian plans to become a leading "independent" by the end of the decade.


Name of shareholder having a major interest

Ospraie Management LLC
Ospraie Management Inc
Ospraie Holding 1 LP
Dwight Anderson.

Company Summary - Aurelian Oil & Gas PLC (AUL) 52.25p

FTSE AIM All Share Oil & Gas ProducersMarket cap: �70.381m



http://www.aurelianoil.com/index.php?v=financial

http://www.aurelianoil.com/index.php?v=home

Aurelian Oil & Gas plc
19 July 2007


Aurelian Oil & Gas PLC


Status of Trzek-1 Well, Polish Central Lowlands


Aurelian Oil & Gas PLC ('Aurelian'), the exploration and production company
focused on Central Europe, is pleased to announce that the Trzek-1 well, drilled
by its Polish subsidiary Energia Zachod Sp. z o.o., has reached a total depth of
3,935 metres within the Rotliegendes Formation.

Good gas shows were recorded during the drilling of the topmost 89 metres of the
Rotliegendes sandstone and two cores were taken within this reservoir section.
Electric logs have now been run and indicate good gas saturations in a
continuous sandstone sequence over this interval. Porosities are fair to
moderate, possibly slightly better than forecast, and permeabilities, although
relatively low, are in line with the expectations resulting from the studies
conducted by Aurelian on the earlier wells drilled into the Siekierki structure
by the Polish state company during the 1970s/1980s.

The Trzek-1 well was designed as a modern well to evaluate the three Siekierki
wells and Plawce-1 which were drilled in the 1970s/1980s to test the
Rotliegendes Formation along a large structural trend. These wells experienced
immense operational difficulties and there is good evidence to show that the
Rotliegendes sandstone reservoir, when encountered, was severely damaged by the
delays and the inferior quality of the drilling mud employed. Although there was
evidence of gas in all the wells, the electric logs were poor in quality and
inadequate for a proper evaluation of the reservoir. Furthermore, because of the
sub-standard mud quality and the relatively low permeability of the reservoir,
commercial flows of gas were not able to be achieved at that time.

As originally planned, the Nafta Pila drilling rig will now be released and a
fraccing crew brought in to conduct a test of the interval. This will probably
take place over approximately a 2-week interval in September. Further
announcements will be made when this testing is complete.

Energia Zachod Sp. z o.o. is a 90% subsidiary of Aurelian, with the remaining
10% by held by Avobone S.A.

Michael Seymour, Managing Director of Aurelian, commented

'The confirmation of a substantial gas column in Trzek-1 is very good news and
we are hopeful that, with effective modern fraccing technology, commercially
sustainable flow rates of gas can be achieved when we return in September. In
addition, plans are already being discussed for a 3-D seismic survey which we
would hope to commence before the end of the year (subject to crew availability)
to evaluate in more detail this extensive Siekierki structural trend.'

Looks ok Darradev, Esp if you got in at the 40p mark !! good luck :)

Many thanks to Smiler for starting this thread at my request. Been watching AUL since entry to AIM last year. Like the mix of lower risk production and higher risk exploration.

Comments welcome.

Darradev, I have done No research on this one, a bit busy at mo, How far along are they, is there any est on how much oil/gas they think they have found yet ? any prob's with the locals ? etc

Just done a bit of looking around, ! According to this, AUL is tipped in the IC:

Date : 20/07/2007 @ 07:23
Source : TFN


PRESS COMMENT
FT
THE LEX COLUMN UBS (calls for investment bank to be broken up, trading at
discount so sum-of-parts valuation); Man Group (Disappointing MF Global IPO
raises wider questions about the IPO market); Alitalia (future looks grim after
bidder for government stake pulls out); UK yield curve; Google (New services
need to turn into profitable businesses) - LONDON: AGA Foodservice (private
equity investors Edmund Truell declares 3 pct holding); WM Morrison (rumours
Morrison family looking to sell some of its 15 pct stake); Sports Direct
International (rumours considering bid for US rival Foot Locker)
Times
Rumour of the day: Kingston Communications (AGM this month, strong cash makes
it a tempting target for rivals) - Tiddler to watch: Freshwater UK (up since
Monday's float on heavy buying) - Tempus: WM Morrison (long-term investors hold
on, first time investors steer clear); Charles Taylor (worth a look); Dobbies
(hold on)
Telegraph
QUESTOR: Venture Production (hold); Colt Telecom (avoid)
Independent
THE INVESTMENT COLUMN: Great Portland Estates (hold); Colt Telecom (sell);
Dairy Crest (buy)
Guardian
Market Forces: Vislink (may be about to announce an acquisition, speculation of
private equity interest)
Express
Share whisper: Vislink (trading well, looking for US acquisition, received
private equity interest)
Mail
MARKET REPORT: Mitchells & Butlers (reports may return less cash than expected)
- Tiddler: Nostra Terra (floats on AIM today, options on six reserves, thought
to contain 26 mln barrels of oil)
Investors Chronicle TIPS - LARGE COMPANIES: CRH (buy), Chesnara (worth
buying), Premier Research (buy); TIPS - SMALLER COMPANIES: Aurelian Oil & Gas
(buy), Inland (buy), Powerflute (buy); TIPS - UPDATES: Allergy Therapeutics
(buy), Bateman Litwin (good value), FDM (buy), Huntsworth (buy), British Airways
(buy) - ALTERNEXT SHARES TO WATCH: Efront, ECT Industries - PLUS MARKETS SHARES
TO WATCH: Espro Information Technologies, Stockval Holdings

Aurelian Oil & Gas plc
23 July 2007



Aurelian Oil & Gas PLC


Results of Testing Well Arbore-1 and Future Drilling Operations in Northern
Romania


Aurelian Oil & Gas PLC, the exploration and production company focused on
Central Europe, announces that testing of its Arbore-1 well in Northern Romania
is now concluded. The well flowed gas from a thin Sarmatian sand at
non-commercial rates. This result was inconsistent with log data previously
gained and therefore the well is being further reviewed by the partners.

Interests in the Arbore-1 well were held : Aurelian Oil & Gas (Romania) SRL
33.75%
S.N.G.N. Romgaz
S.A. 37.50%
Europa Oil & Gas
Limited 28.75%

The next well to be drilled by the joint venture will be Boistea-1, located in
Cuejdiu Concession EIII-3. Drilling is likely to commence around the end of
August.

Michael Seymour, Managing Director of Aurelian, commented

'Aurelian will continue to review this well's potential. We have three further
wells planned, as operator, in our 2007 Romanian drilling campaign and are
hopeful for a better outcome in each of these subsequent wells.'

A slight set back !, but the good thing here is they have projects in four countries, Romania (4 blocks), Slovakia (3 blocks), Bulgaria (2 blocks) and Poland (2 blocks). I may take advantage if the sp takes a small slide !

Morning Smiler, bit dissapointing this morning but all part of the the ebb and flow of the news releases. This is part of a multi drill programme in Romania so might get some more positive news from there, later in the year.

As regards your comments about developments in post 5, the reasons I am interested in this particular stock is the mixture of production/near production and exploration balance in a low political risk area of central Europe. Also the fact that the drilling programme is funded for 2007 and 2008.

The Polish and Bulgarian exploration plans are key to significant growth potential. Trzek-1 well in Poland was the subject of a recent RNS and I believe testing will be carried out in September. A further 3 wells are planned for 2008. There should also be news about the Golitza-1 well in Bulgaria soon which spudded in April. This is with JKX Oil and Gas. As regards production, Romanian gas started to flow at the end of last year fromm Bilca, I believe at an initial rate of 4mmscfd, but could go to 5mmscfd with development works. Slovakia is still at the seismic stage with work planned for 2008.

Hope the brief summary is of interest/use.

Thanks Darradev, watching with interest, if I can get in around 45+p may have a punt , but seems to be holding up well !

Aurelian Oil & Gas plc
27 July 2007



Aurelian Oil & Gas PLC

27 July 2007

Conditional Award of New Concessions in Poland



Aurelian Oil & Gas PLC ('Aurelian' or the 'Company'), the exploration and
production company focused on Central Europe, is pleased to announce that, as a
result of the recent Tender Licensing Round conducted by the Ministry of the
Environment ('the Ministry') in Poland, Aurelian is to be awarded three new
areas in Poland.



The areas conditionally being awarded to the Company are:-


Blocks 202/222 (Cybinka); and
Blocks 203/223 (Torzym); and
Block 249 (Kalisz)





These blocks are located in central western Poland within the Zechstein/
Rotliegendes Basin, which extends westwards through Germany and Holland into the
prolific gas producing sectors of the Dutch and UK North Sea.



These awards are subject to agreement being reached with the Ministry on the
terms of the mining usufruct agreement and the grant to Aurelian of the relevant
concessions. It is understood that these concessions can be expected to become
operational before the end of 2007.



In each case, the work programme to be performed during the first three years of
the concession term will comprise seismic work, including 3-D acquisition in
Cybinka and Torzym.



Aurelian will be operator in all three of the awards. The percentage interests
in the joint venture in all three areas will be:-




Aurelian Oil & Gas (Poland) Sp. z o.o. (a 100% subsidiary of Aurelian) 50%
GB Petroleum plc 40%

Boshold BV (a 100% affiliate of the Indofin Group) 10%





Michael Seymour, Managing Director of Aurelian, commented

'These blocks are being conditionally awarded by the Ministry to the Aurelian
joint venture as the result of a competitive bidding round. Aurelian was
successful despite competition from other companies. We consider these blocks to
be highly prospective and, together with our nearby Poznan East blocks, where we
have recently announced encouraging results from the Trzek-1 well, and the
Bieszczady blocks in southeast Poland, where we are partners with POGC, we now
hold a top class spread of very prospective concessions in Poland. We look
forward to being in a position to commence work on these new blocks.'



Enquiries:

If there is oil (or gas) in dem thar hills, Aurelian should find it. If not...

Aurelian Oil & Gas plc
03 September 2007



Aurelian Oil & Gas PLC

Boistea-1 well spudded in Romania



Aurelian Oil & Gas PLC ('Aurelian'), the exploration and production company
specialising in Central Europe, is pleased to announce that its wholly owned
Romanian subsidiary Aurelian Oil & Gas (Romania) SRL has commenced the drilling
of the Boistea-1 well of Block EIII-3 (Cuejdiu) in Romania.



Boistea-1 is the third of five exploration wells being drilled this year by
Aurelian in its five concessions in Romania and is programmed to 2,400 metres to
test Sarmatian sands, the reservoir producing gas in the Bilca fields in its
block to the north, Block EIII-1 (Brodina). The well is anticipated to take 35
days to reach total depth.



Interests in the Boistea-1 well are:

Aurelian (Operator) 45.00%
S.N.G.N. Romgas S.A. 37.50%
Europa Oil & Gas Limited 17.50%



3 September 2007

Aurelian Oil & Gas plc
20 September 2007



Aurelian Oil & Gas PLC

Trzek-1


Aurelian Oil & Gas PLC ('Aurelian' or the 'Company'), the exploration and
production company focused on Central Europe, is pleased to announce the updated
schedule for the testing of Trzek-1 in Poland. A work-over rig has been secured
and a contract for fraccing concluded with Halliburton . The testing is to
commence in late October and is expected to last some 14 days and will be
followed by a shut-in period of a similar duration. The delay, in the arrival
of the work-over rig at Trzek-1, has arisen as a result of the late release of
the work-over rig from its current location.

As announced on 19 July, Trzek-1 encountered a gross column of 89 metres of gas
in the Permian Rotliegendes Formation. In common with the four wells drilled on
this significant Siekierki structural trend by the state company in the 1970s/
1980s, the section shows acceptable porosities, although with relatively low
permeability. The testing programme has been designed to establish the
commercial potential of the Siekierki structure.


Further announcements will be made as appropriate information from the testing
becomes available.



20 September 2007



Enquiries:


Aurelian Oil & Gas 020 7629 7986
Michael Seymour, Managing Director
Frank Jackson, Commercial Director

Nabarro Wells & Co. Limited 020 7710 7400
Richard Swindells

College Hill 020 7457 2020
Nick Elwes
Paddy Blewer




www.aurelianoil.com




REVIEW BY QUALIFIED PERSON

The technical information and opinions contained in this announcement have been
reviewed by Roy Hartley B.Sc (Hons)(Imperial College), FEI, FGS, C.Eng,
Aurelian's Operations Director who has over 30 years' experience in the oil
exploration and production industry. He has consented to the inclusion herein of
such technical information and opinions.



Notes to Editors:

Aurelian Oil & Gas PLC, was founded in December 2002, by current Managing
Director, Michael Seymour. The Company's strategy is to explore for, appraise,
develop and produce oil and natural gas reserves in Central Europe. The company
has operations in Poland, Slovakia, Romania and Bulgaria and is currently
participating in five wells.

Aurelian Oil & Gas plc
26 September 2007

Aurelian Oil & Gas PLC

Interim Report 2007


Aurelian Oil & Gas, the exploration and production company focused on Central
Europe, is pleased to issue its interim review and the unaudited results for the
six months to 30 June 2007.

Highlights

Confirmation of a significant gas column in the Trzek-1 well on the
Siekierki structural trend in Poland

Drilling of Golitza-1 well, Bulgaria now approaching the Triassic Bunter
objective zone

Three new concession areas (Cybinka, Torzym & Kalisz) conditionally
awarded in Poland as a result of a competitive licensing round

A joint venture in southeast Poland (Bieszczady) with POGC

Acquisition of additional percentage interests in our existing concessions
in Romania

The Boistea-1 well currently drilling ahead on the Cuejdiu concession,
Romania

Geological field work completed in Slovakia


Outlook

Test results from Trzek-1 well

Drilling results from Golitza-1 and Boistea-1

Further extensive drilling programme planned in Romania, including the
Voitinel prospect in the first half of 2008

Further seismic to be acquired on Polish and Slovakian concessions within
the next twelve months


Michael Seymour, Managing Director of Aurelian, commented:

'This has been a period of intense activity during which we have drilled four
wells, and have four more either being drilled or due to be drilled before the
year-end. Trzek-1 has established a significant gas column and we await the
results of testing in late October. We have also made successful applications
for three new licences and completed three acquisitions.

This extensive programme for exploration and acquisitions is set to continue in
the coming year, as we prepare more wells for drilling and work over our newly
acquired concessions to prove up the value that we believe is inherent in our
portfolio.'


26th September 2007


Enquiries:

Aurelian Oil & Gas Today: 020 7457 2020
Michael Seymour, Managing Director Thereafter: 020 7629 7986
Frank Jackson, Commercial Director

College Hill
Nick Elwes 020 7457 2020
Paddy Blewer

Nabarro Wells
Richard Swindells 020 7710 7400



www.aurelianoil.com




CHAIRMAN AND MANAGING DIRECTOR'S REVIEW

Introduction

This period has been the most intense in terms of exploration activity since our
foundation. We are in the middle of an eight well drilling campaign. The
existence of a substantial gas column has been established in our Trzek-1 well
in Poland. We have increased our interests in some of our Romanian operated
joint ventures and acquired interests both there and in Poland through
successful participation in licensing rounds and farm-in agreements.

Results

The Company generated an operating surplus of 640,000. After exploration costs
and administrative expenses, the loss before tax for the six months was
704,000.

The Company has 37 million cash in hand as at 18 September 2007. This is
sufficient to fund our exploration programme until the end of 2009 on a dry well
basis.


Operational Highlights


Licence Interest Operator

Poland
Poznan East Blocks 90% Aurelian
Bieszczady 25% POGC
Cybinka, Kalisz and Torzym 50% Aurelian

Romania
Bilca Gas Production Unit 62.5% Aurelian
Brodina Block EIII-1 33.75% Aurelian
Cuejdiu Block EIII-3 45% Aurelian
Bacau Block EIII-4 82.5% Aurelian
Suceava Block EIV-1 50% Aurelian
Brates Block EI-3 (East) 6.8% Europa
(with option to increase to 27.25%)

Bulgaria
B-Golitza & B1-Golitza 50% JKX

Slovakia
Svidnik, Medzilaborce and Snina 100% Aurelian

Aurelian Oil & Gas plc
02 November 2007


Aurelian Oil & Gas PLC

Gas Discovery in Boistea 1, Romania

Aurelian Oil and Gas PLC announces the results of the Boistea well drilled in
the Cuejdiu Concession in Romania, where the Company is operator and holds a 45%
working interest.

The well was drilled to a total depth of 2,295 metres and encountered a series
of thin gas bearing Sarmatian sands in the interval 1700 to 1800 metres. After
electric logging and a series of pressure measurements, it has been decided to
complete the well to allow a long term flow test of the interval 1783 to 1785
metres. After the completion, the drilling rig will be demobilized and the flow
test will be conducted in November or December.

Partners in the Cuejdiu joint venture are:-

Aurelian Oil & Gas Romania S.R.L. 40.00%
S.N.G.N. Romgaz S.A. 37.50%
Europa Oil & Gas S.R.L. 17.50%
Millennium International Resources Corporation (wholly owned by Aurelian) 5.00%


Michael Seymour Aurelian's Managing Director commented:

'The results of the well are encouraging and, dependent upon the flow test, may
lead to commercial production. This was the first well drilled by the group on
the Cuejdiu block and highlights the Sarmatian potential in the eastern part of
the block.

This result from the Sarmatian in this eastern part is excellent news. In
addition the joint venture had already singled out the potential of the western
part of the block for deeper targets and a seismic survey will be undertaken in
2008 to identify possible targets for drilling in that area.

Thanks Smiler.

Positive start to the drilling on this block. Need to get commercial flow results and this should lift the SP further. Have not been keeping an eye on this one for a while, having moved on earlier in the year. Will need to do some research update.

RNS Number:9418H
Aurelian Oil & Gas plc
19 November 2007


Aurelian Oil & Gas PLC



Successful testing of Trzek-1, Poland



Aurelian Oil and Gas PLC, on behalf of Energia Zachod Sp. z o.o, its 90% owned
Polish subsidiary, announces the initial results of testing its Trzek-1 well in
Central Poland.



Highlights:



* Gas column of 89 meters discovered

* Confirmation of potentially commercial flow rates:
- Initial short term flow rates up to 215,000 m3/d, then on restricted flow of
71,000 m3/d.

* Well now shut in for two week period to build up pressure

* Intention to install, in 2008, processing facilities to enable long term
production testing

* Gas produced from long term production test is expected to be sold

* 3D seismic survey planned over Siekierki structural trend, commencing no
later than January 2008, to provide greater definition of the structure

Further drilling planned; a potential follow-up location in the
southeast of the trend is also being considered for drilling in 2008.





The well was drilled earlier this year to a depth of 3,935 metres. A gas
column of 89 metres, coinciding with gas shows recorded during drilling, was
logged in Rotliegendes sandstones and confirmed by pressure data. The rig was
released on 29 July to await testing using a workover rig and fraccing crew.



The interval (3,652 metres to 3,657metres total vertical depth was perforated
and then fracture stimulated on 1 November. Pinnacle Technologies was
responsible for treatment design and Halliburton carried out the stimulation
treatment.



The well initially flowed at short term rates up to 215,000 m3/d (7.6 MMscf/d).
The rate was then restricted to 71,000 m3/d (2.5 MMscf/d) at a wellhead pressure
of 73 bar (1060 psi) to restrict production of underlying water. As anticipated,
the gas contains 12.8% nitrogen, a normal quantity for this region. Gas flow was
continued until 17 November and the well is now shut in for a two-week pressure
build-up.



The stabilized flow rate and pressure data indicate that the well is capable of
producing gas in sufficient volume to supply an existing sales point 4.3
kilometres from the well. Subject to full analysis of the test data and the
granting of the necessary consents by relevant authorities, it is intended to
install processing facilities in the course of 2008 to allow a long term
production test with sale of the produced gas. This test will provide valuable
information on long term reservoir response.



The Siekierki structural trend is a large feature, approximately 25 kilometres
long and extending under the eastern suburbs of Poznan, Poland's third largest
city. A 3-D seismic survey over the whole trend is now planned to start no
later than January 2008. This survey will provide greater definition of the
Siekierki feature. Further drilling, which may involve horizontal legs and
multiple fracs, will follow the full integration into the data base of the
results of this survey. A possible follow-up location in the southeast of the
trend is also being considered for drilling in 2008.



Energia Zachod Sp. z o.o is a 90% subsidiary of Aurelian, with the remaining 10%
held by Avobone NV.




The technical information and opinions contained in this announcement have been
reviewed by Roy Hartley B.Sc (Hons) (Imperial College), FEI, FGS, C.Eng,
Aurelian's Operations Director who has over 30 years' experience in the oil
exploration and production industry. He has consented to the inclusion herein of
such technical information and opinions.





Michael Seymour Aurelian's Managing Director commented:



"These test results are highly significant for us. The drilling of this first
well on the Siekierki trend for over 20 years has been central to Aurelian's
development since inception and it is very pleasing to report its success.



The confirmation of potentially commercial flow rates now triggers immediate
plans for putting Trzek-1 onto long term production test and we are confident
that we will be able to sell the gas produced. A contract for the 3-D seismic
survey is also expected to be signed within the next month. We already have an
option on a rig slot for a follow-up well, with serious consideration being
given to early drilling.



These initial results are encouraging and we look forward to updating further on
Trzek as the work programme develops."

Aurelian Oil & Gas plc
21 November 2007



Aurelian Oil & Gas PLC



Spudding of Dornesti-1. Romania Suceava Block EV-1

Aurelian Oil and Gas PLC, on behalf of Aurelian Oil & Gas Romania S.R.L., its
100% owned Romanian subsidiary, announces that the Dornesti-1 well on the
Romanian Suceava EV-1 permit was spudded on 18 November.


The well is a shallow Sarmatian test estimated to reach total depth in 15 days.


Partners in the Suceava Block are :
Aurelian Oil & Gas Romania S.R.L. 50% (Operator)
Regal Petroleum PLC 50%





Michael Seymour Aurelian's Managing Director commented:


'This is the first well drilled by Aurelian on this block and the seventh well
in which we have participated this year One further well is planned to spud in
the remainder of the year'

Aurelian Oil & Gas plc
14 December 2007



Aurelian Oil & Gas PLC

Trzek-1, Poland



Aurelian Oil and Gas PLC, on behalf of Energia Zachod Sp. z o.o, its 90% owned
Polish subsidiary, announces further results of the testing of its Trzek-1 well
in Central Poland.



Since the earlier announcement of the test on 19th November 2007, the well has
been shut in to monitor pressure build-up. The well was flow tested for 10 days
and then shut in for a 15-day reservoir pressure build up. Pressure gauges were
retrieved on the 3rd December. Interpretation has shown no evidence of reservoir
boundaries or depletion during the test period.



As mentioned in the earlier announcement, the forward programme will be to set
in motion the plans for putting the Trzek-1 well on long-term production test
and, at the same time, to conduct 3-D seismic work over the whole of the
Siekierki structural trend. The contract for a 287 sq kms survey over the whole
area of the trend is currently being finalized with Geofizyka Krakow and will
commence in January.



A further update on the progress of the project will be made before the end of
January.



(Energia Zachod Sp. z o.o is a 90% subsidiary of Aurelian, with the remaining
10% held by Avobone S.A.)





Michael Seymour Aurelian's Managing Director commented:



'Following the successful testing of Trzek-1, work has progressed rapidly to
analyse the data and expedite the project. We are pleased to be working again
with Geofizyka Krakow who conducted the 2-D survey which led to the drilling of
the Trzek-1 well. It is positive that the survey can be mobilised so rapidly.



The Siekierki structural trend, upon which the Trzek-1 well was located, extends
from the suburbs of the city of Poznan for some 25 kms southeastwards to the
southern border of our concession area. With 89 metres of gas column and the
potential to identify locations higher than Trzek-1 along the trend, it is clear
that substantial gas volumes can be anticipated. Modelling shows that horizontal
wells should have the ability to produce gas at rates an order of magnitude
greater than vertical ones. This will be an exciting project for Aurelian and
one for which we have the technical and in-country expertise to develop
successfully.'





The technical information and opinions contained in this announcement have been
reviewed by Roy Hartley B.Sc (Hons) (Imperial College), FEI, FGS, C.Eng,
Aurelian's Operations Director who has over 30 years' experience in the oil
exploration and production industry. He has consented to the inclusion herein of
such technical information and opinions.

LONDON (Thomson Financial) - Aurelian Oil & Gas PLC said it has encountered gas at the Suceava block in Romania.

It found a 17-metre gas column in the Dornesti Sud-1 well which flowed at a rate of 880,000 standard cubic feet gas per day. Flow rates could potentially rise to about 2.8 mln standard cubic feet a day, it said in a drilling statement.

'The well has been completed as a production well and efforts will be directed to tieing it in during 2008 to the Bilca Gas Plant, operated by Aurelian on its adjacent Brodina Block EIII-1 concession,' it said.

Aurealian is the operator of the field with a 50 pct stake, while Regal Petroleum PLC holds the remaining 50 pct.

Aurelian Oil & Gas plc
21 December 2007


Aurelian Oil & Gas PLC

Discovery at Dornesti Sud-1, Suceava Block EIV-1, Romania

Aurelian Oil and Gas PLC, on behalf of Aurelian Oil & Gas Romania S.R.L., its
100% owned Romanian subsidiary, announces the results of the Dornesti Sud-1 well
on its Suceava Block EIV-1 concession, Romania.

Highlights:

• 17 metre gas column encountered

• well flow tested, producing gas at a rate of 25,000Sm3/d at a pressure of
32 bar with an AOF of 80,000Sm3/d

• Aurelian will look to tie the well into the Bilca Gas Plant during 2008

Dornesti Sud 1 drilled to a total depth of 910 metres and encountered gas in the
interval 528 metres to 545 metres. This section which consists of sandstones
interbedded with siltstones and claystones, was confirmed to be gas bearing on
evaluation with electrical logs.

A flow test of the interval 531.8 metres to 544.3 metres produced gas at a rate
of 25,000Sm3/d (880 Mscf/d) with a flowing wellhead pressure of 32bar (464psi).
The AOF (absolute open flow potential) is estimated as 80,000Sm3/d (2.8 MMscf/
d).

The well has been completed as a production well and efforts will be directed to
tieing it in during 2008 to the Bilca Gas Plant, operated by Aurelian on its
adjacent Brodina Block EIII-1 concession.


Partners in the Suceava Concession are:

Aurelian Oil & Gas Romania S.R.L. 50% (Operator)
Regal Petroleum PLC 50%


Update on Boistea-1 well, Cuejdiu Block EIII-3, Romania.

Aurelian Oil and Gas PLC announced on 2 November that this well would be
completed to allow a long term flow test of the interval 1783 to 1785 metres.
The test will take place during January 2008.

Partners in the Cuejdiu Concession are:

Aurelian Oil & Gas Romania S.R.L. 45.00% (Operator)
S.N.G.N. Romgaz S.A. 37.50%
Europa Oil & Gas S.R.L. 17.50%


Michael Seymour Aurelian's Managing Director commented :

'Dornesti Sud 1 is the first well drilled by Aurelian on this block and we are
delighted that it is a discovery. There are several other similar leads on this
large block, (over 4,000 sq kms), which are not yet fully covered by seismic.

The tie-in to the Bilca facilities should be a relatively simple operation to
complete; and in the light of this discovery we will also be looking very
closely at a further well in the Dornesti area in 2008.'

The technical information and opinions contained in this announcement have been
reviewed by Roy Hartley B.Sc (Hons) (Imperial College), FEI, FGS, C.Eng,
Aurelian's Operations Director who has over 30 years' experience in the oil
exploration and production industry. He has consented to the inclusion herein of
such technical information and opinions.

21 December 2007

hey smiler

i bought into these end of today......expect them to zoom this week

lol

Fingers Crossed

Aurelian Oil & Gas says large volumetric potential of gas confirmed at Siekierki
AFX


LONDON (Thomson Financial) - Aurelian Oil & Gas PLC said drilling results from the Trzek-1 field, together with seismic mapping data, confirms 'the large volumetric potential' of gas at the Siekierki project in Poland.

The company now plans to carry out a long-term test of Trzek-1 to prove commerciality of the field.

It said initial sales from the long-term test and the first horizontal well are likely to be around 2 bln standard cubic feet (bscf) per year, with the total flow rate to increase substantially as further horizontal wells are added from early 2010.

'Aurelian has already received several approaches from potential buyers of the gas, who have also expressed interest in owning and installing the required facilities and pipeline,' Aurelian added.

TFN.newsdesk@thomson.com

Good news it seems but the market has not reacted apart from a sell of 50k - disappointing but a move upwards of the SP is still on the cards.

Aurelian Oil & Gas plc
14 February 2008



Aurelian Oil & Gas PLC



Award of Kalisz, Cybinka and Torzym Concessions in Poland



Aurelian Oil and Gas PLC ('Aurelian' or 'the Company'), on behalf of its Polish
subsidiary Aurelian Oil & Gas Poland Sp. z o.o, is pleased to announce that it
has been awarded three new licence areas in Central Poland by the Minister of
the Environment as a result of the 2007 Licensing Round.



Highlights:


O Award of three new blocks in central Poland

O Aggregate area of Blocks equivalent in size to approximately nine North
Sea blocks

O Awards build on group's strategic position in Poland



The Kalisz concession (Block 249) is located in the Polish Central Lowlands and
is a Rotliegendes gas play. The block is 960 sq. kms which is approximately
equivalent to the size of four North Sea Blocks. The block is some 30 kms to the
southwest and on trend with Aurelian's Poznan East concessions in which the
Company has confirmed a substantial gas accumulation with its Trzek-1 well,
drilled and tested during 2007. The block is also immediately east of the POGC/
FX Energy 'Fences' area, where Rotliegendes gas discoveries have been made.



Much of the Kalisz block has yet to be covered by modern seismic technology and
the group will undertake a 2D seismic acquisition programme over the block
during 2008.



The Cybinka (202/222) and Torzym (203/223) Blocks are contiguous concessions in
the western part of the Polish Central Lowlands. They are adjacent to the
German border and cover 681 and 570 sq. kms respectively, approximately
equivalent to the size of five North Sea Blocks. These blocks are prospective
for Zechstein oil, analogous to the oil accumulations discovered by POGC in
their nearby Lubiatow and Sulecin fields. The existing 2D seismic will be
reprocessed and re-interpreted during 2008 with the Group acquiring new 3D
seismic over the blocks during 2009.



Aurelian Oil & Gas Poland Sp. z o.o. is operator of these new concessions and
holds a 50% interest, with GB Petroleum plc 40% and Avobone Poland B.V. 10%.




The technical information and opinions contained in this announcement have been
reviewed by Roy Hartley B.Sc (Hons) (Imperial College), FEI, FGS, C.Eng,
Aurelian's Operations Director who has over 30 years' experience in the oil
exploration and production industry. He has consented to the inclusion herein of
such technical information and opinions.






Michael Seymour Aurelian's Managing Director commented:



'We are delighted to have been awarded these blocks. The concessions are an
important part of our portfolio development and a growing focus on Poland as we
continue to progress the appraisal and development of our major Siekierki gas
project on our Poznan East Blocks.'



14 February 2008

Strange that the market is not taking much notice of Aurelian. Maybe the market is wrong - although that is unusual

Aurelian Oil & Gas, Buoyed By Success Of Trzek-1, Adds To Its Gas Acreage In Poland
Against the backdrop of another stand-off between Russian energy giant Gazprom and Ukraine which on Thursday looked to have been averted when Ukraine's state energy firm Naftogaz paid off about US$100 million of gas import debts, reckoned by Gazprom to tally some US$1.5 billion energy consumers in central Europe will welcome any moves to foster indigenous energy supplies. Gazprom, which supplies about 25 per cent of European gas, mainly via Ukraine, is not averse to throwing its weight around and shutting off the taps to get what it wants. This can make life unpredictable, and cold, for those dependent on pipelines stretching west from gas-rich Russia.

Given this context, it is a good time for oil juniors to be signing up acreage in central Europe, where host governments welcome their investment and there is a multitude of undeveloped or under-exploited reserves close to existing infrastructure and energy-hungry markets. AIM firm Aurelian Oil & Gas, for example, is already producing gas in Romania and now looks set to be on track for first gas production from its Poznan East concessions in Poland after the success of its Trzek-1 well in November.

Trzek-1 flowed 7.6 million cubic feet of gas per day, having found an 89 metre gas column in the Rotliegendes reservoir. This Permian Rotliegendes Sandstone is the main gas reservoir of the UK and Dutch Southern North Sea and stretches onshore into central Europe. Although the sand is of relatively low permeability, horizontal drilling and fracture technology should lead to a commercially viable flow rates particularly as the Trzek-1 vertical hole produced such a reasonable flow rate.

There are now plans for a long term test to prove the commerciality of the field, with a process facility expected to be ready for first gas sales in September 2009. The company is targeting initial sales from a single horizontal well of around 2 billion cubic feet a year (about 5.5 million cf/d), with production set to increase as further horizontal wells are added from early 2010. Although horizontal drilling and fraccing will add to the development pricetag, capital costs should be kept down by the proximity of existing infrastructure: the nearest pipeline tie-in point is only 4 km away.

There is plenty more to play for here. This was Aurelians first well on the Siekierki structure trend, which stretches for 25 km on the outskirts of Poznan, Poland's third largest city. The structure was tested in the 1970s by four wells, all of which recorded some gas, but at non-commercial rates. Aurelian has long hoped to revisit the structure using modern drilling and techniques that have proved so successful in the Southern North Sea: Trzek-1 appears to confirm its confidence in the prospectivity of this neglected gas play. The company is now shooting 299 sq km of 3D data over the Siekierki trend, which should highlight locations for future drilling.

This week the company increased its exposure to the Rotliegendes play in Poland when it was awarded three new licences in the central part of the country following its success in the 2007 licensing round. The AIM firm has been awarded a 50 per cent operatorship interest in the three blocks, alongside partner GB Petroleum (40 per cent) and Avobone Poland (10 per cent).

The Kalisz Block is a Rotliegendes gas play and lies 30 km southwest and ontrend with Aurelians Poznan East concessions. The block is also immediately east of Rotliegendes gas discoveries made by POGC and FX Energy. Like much acreage in central Europe, the block has suffered from underinvestment and much of it, which is equivalent in size to four North Sea blocks, has yet to be covered by modern seismic technology. A 2D seismic shoot is planned for later this year.

The Cybinka and Torzym Blocks are contiguous in the western part of the Polish Central Lowlands, next to the German border. Together they cover the same size as five North Sea blocks and are thought to be an oil play in the Zechstein reservoir, as discovered by POGC in the nearby Lubiatow and Sulecin oilfields. The existing 2D database will be reprocessed and re-interpreted this year, with new 3D seismic coverage planned for 2009.

http://www.oilbarrel.com/home.html

RNS Number:9931P
Aurelian Oil & Gas plc
13 March 2008


Aurelian Oil & Gas PLC


Competent Persons Report, Siekierki gas accumulation, Poznan East Blocks 207 and
208, Central Poland.


Aurelian Oil and Gas PLC, on behalf of its Polish subsidiary Energia Zachod Sp.z
o.o., is pleased to announce the conclusions of a Competent Persons Report ("CPR
") conducted by RPS Energy ("RPS") on the Siekierki gas accumulation which was
confirmed by the drilling and testing of the Trzek-1 well in 2007.



Highlights



* The Siekierki gas accumulation has been classified as a Contingent
Resource:


Net to Aurelian Low Best High

1C 2C 3C
Sales Gas Bscf 105.5 190.1 305.9
Success Case NPV @10% Euro million. 124.0 263.3 449.0



* Sales Gas expected to plateau at 55 MMscf/d in 2012 in the best estimate
case with an 11 well development plan.

* Aurelian's internal analysis estimates that there are additional
Contingent Resources in the northwest, under Poznan City

* "2C" Contingent Resources as calculated by RPS extrapolate to 1.42 per
Aurelian ordinary share (fully diluted), assuming the implementation of the
proposed appraisal and development plans for which the chances of success are
estimated by RPS at 72%



Competent Persons Report

RPS is an independent consultancy, specializing in petroleum reservoir
evaluation and economic analysis. In preparing the CPR, RPS has followed the
internationally accepted PRMS as the Standard required to be used under AIM
regulations. All of the available well and seismic data, including those from
wells drilled on the Siekierki trend by the Polish state company during the
1970s and 1980s have been evaluated together with Aurelian's appraisal and
development plan and Polish gas pricing policies.



The Siekierki gas accumulation has been classified as a Contingent Resource
since further work is required to delineate the size of the structure and to
confirm the long term deliverability of horizontal wells. Aurelian's plans
outlined below address these issues and RPS assess the likelihood of this work
being successful at 72%. The range of uncertainty in the gas in place and
producible volume is described by a low, best and high estimate described as 1C,
2C and 3C.



RPS has calculated gross 1C, 2C and 3C Contingent Resources for sales gas net to
Aurelian's 90% equity of 105.5 Bscf, 190.1 Bscf and 305.9 Bscf respectively. In
the "best" estimate case, an eleven well development plan leads to a sales
plateau of 55 MMscf/d by 2012. Sales gas is estimated after allowing for the
removal of 10.7% inert gases and 3% fuel gas. The economic analysis calculates
success case Net Present Values discounted at 10% for the three categories at Euro
124.0 million, Euro 263.3 million and Euro 449.0 million.



Assuming the proposed appraisal and development plans work out as foreseen in
the RPS analysis, the NPV for the "2C" Contingent Resources as calculated above
extrapolates to 1.42 per Aurelian ordinary share (fully diluted). RPS have
estimated the chances of success of the plans at 72%



The Siekierki Structure

The structural trend that contains the Siekierki gas accumulation extends for
approximately 25 km from the southern boundary of Block 207 northwestwards to
the eastern part of the city of Poznan. The Trzek-1 well located close to the
eastern outskirts of the City, established an 89 metre gas column in a
continuous sequence of Rotliegende sandstones and tested gas at rates up to 7.5
MMscf/d which stabilized at 2.5MMscf/d at 70 bar flowing pressure. Because the
Rotliegende has low permeability, development of the accumulation will require
deviated and/or horizontal wells to provide sustainable commercial gas flow
rates. The rates from the vertical Trzek-1 well indicate that sustainable
commercial rates should be achievable.



Forward Programme

In order to prove up the Siekierki structure, Aurelian is acquiring 299 km2 of
3D seismic in Block 207 whilst proceeding with the design of a horizontal well
and the design and installation of a process plant to allow gas sales from
Trzek-1 and the first horizontal well to commence in late 2009. The 3D seismic
acquisition which started in January 2008 is progressing satisfactorily as are
negotiations for a gas sales agreement. A contract for the design and
installation of processing facilities is currently out to tender.



Energia Zachod Sp. z o.o. is a 90% subsidiary of Aurelian, with the remaining
10% held by Avobone N.V.





Michael Seymour, Aurelian's Managing Director, commented:



"The report by RPS Energy confirms the viability of the project and its
potential value to Aurelian and its shareholders.



The report constitutes an independent assessment and, as such, does not in all
respects mirror our own analysis of the data available. Aurelian's estimate
places more Contingent Resources in the northwest, where the structure passes
under Poznan City. 3D seismic will cover part of this area and, if
interpretation of the data confirms that the gas accumulation extends as far as
is hoped, it will be possible to increase contingent resource volumes and
include appropriate measures for their recovery in the development plan."



Glossary of technical terms


"Bscf" billion cubic feet;
"MMscf" million standard cubic feet (of gas);
"MMscf/d" million standard cubic feet (of gas) per day;
"PRMS" "Petroleum Resource Management System" jointly published in 2007 by the Society of Petroleum
Engineers, the Society of Petroleum Evaluation Engineers, The World Petroleum Council and the
American Association of Petroleum Geologists;
"3D seismic" A seismic technique involving collection and processing of reflected seismic energy signals over
an area with the objective of determining the spatial relationships of subsurface geological
interfaces in three dimensions.



The technical information and opinions contained in this announcement have been
reviewed by Roy Hartley B.Sc (Hons) (Imperial College), FEI, FGS, C.Eng,
Aurelian's Operations Director who has over 30 years' experience in the oil
exploration and production industry. He has consented to the inclusion herein of
such technical information and opinions.



The technical information and opinions contained in this announcement have also
been reviewed by RPS Energy. Andy Kirchin a Director of RPS, has supervised the
evaluation. He has 21 years of relevant experience. He is a Member of the Energy
Institute, the Petroleum Exploration Society of Great Britain and the European
Association of Geoscientists and Engineers. He has a BSc (Hons) in Geophysics
with Geology from the University of Liverpool. RPS has consented to the
inclusion herein of such technical information and opinions as are attributed to
them.



13 March 2008

Aurelian Oil & Gas plc
04 April 2008


Aurelian Oil & Gas PLC

('Aurelian' or the 'Company')



Preliminary Results for the year ended 31 December 2007

Aurelian, the exploration and production company focused on Central Europe, is
pleased to announce its preliminary results for the year to 31 December 2007.



2007 Achievements -


Confirmation of major gas accumulation in Poland

Contingent Resources of 190 Bscf of sales gas identified in this Siekierki
accumulation by independent expert

Seven exploration wells drilled in 2007

Continued production from a solid income producing base in Romania

New concessions at Kalisz, Torzym and Cybinka in Poland

Thrust belt play in Slovakia confirmed by field work

New potential gas targets identified in Bulgaria



2008 and 2009


Current activity and future plans

Poland:

Siekierki appraisal and development moving ahead

3D seismic acquisition currently under way on Siekierki

Long-term production test in late 2009 for Trzek-1 vertical well

First horizontal well on Siekierki planned for early 2009

Gas sales discussions progressing with several parties

Financing options for Siekierki being evaluated with potential partners.

Seismic to be conducted by PGNiG on the Bieszczady concessions in the heart
of the producing zone of the Polish Carpathians and on Kalisz in the
Central Lowlands

Romania:

Wells with considerable upside potential to be drilled at Voitinel
and Lilieci

Production and sales in the Bilca area to be optimised

Bulgaria:

3D seismic programme planned to evaluate encouraging Tertiary gas play on
Black Sea margin

Slovakia:

2D seismic to be acquired on the highly prospective Svidnik, Medzilaborce
and Snina blocks



Michael Seymour, Managing Director of Aurelian, commented:

' 2007 has been dominated by our major project in Poland. This is a very
exciting project and the success of the Trzek well means that the next two years
will be similarly dominated by our efforts to bring the Siekierki accumulation
into production. We have also been pleased with progress on our other
exploration areas and even the unsuccessful well at B1-Golitza in Bulgaria has
generated data that has pointed us towards further potential targets at lesser
depths in the east of our Bulgarian blocks.'

Aurelian Oil & Gas plc
07 April 2008


Aurelian Oil & Gas PLC

Farmout of Interest in Slovak Licences Svidnik, Medzilaborce and Snina


Aurelian Oil and Gas PLC ('Aurelian' or 'the Company'), on behalf of its
Slovakian subsidiaries which hold the Svidnik, Medzilaborce and Snina licences
('the Licences') in Slovakia, is pleased to announce that it has reached
agreement with JKX Oil & Gas plc ('JKX') for JKX subsidiaries to acquire a 25%
interest in each of these three licences. Aurelian will retain the remaining 75%
and the operatorship.

Upon completion, JKX will reimburse a 25% share of the historical costs borne by
Aurelian on the Licences up to 1 January 2008. JKX will then meet 50% of the
first 3.2 million of the cost of the seismic programme planned for the summer
of 2008. Aurelian will be responsible for the balance of the cost of the
programme up to a maximum of a further 3.2 million. Thereafter JKX will bear
25% of all costs and Aurelian will bear 75%.

These arrangements are subject to any necessary approvals of the Slovakian
authorities.

The licences cover an area of 2,278 sq km (the equivalent of approximately 10
North Sea Blocks) in the heart of the Carpathians, adjacent to the Polish
border. On the Polish side of the border, there has been significant oil
production since the middle of the nineteenth Century. The Slovakian side
remains largely unexplored, although oil has been produced from a small shallow
oilfield on the Licences and three deeper exploration wells encountered
significant hydrocarbon shows several decades ago. Almost no seismic has been
acquired to date.

Aurelian, as operator, has to date conducted geological fieldwork on the
Licences, which has confirmed their potential. The contract for the acquisition
of a seismic survey of 238 km of 2D data is being finalized with GES of Hungary
and recording is expected to commence around 1 June.

The technical information and opinions contained in this announcement have been
reviewed by Roy Hartley B.Sc (Hons) (Imperial College), FEI, FGS, C.Eng,
Aurelian's Operations Director who has over 30 years' experience in the oil
exploration and production industry. He has consented to the inclusion herein of
such technical information and opinions.

Michael Seymour, Aurelian's Managing Director, commented:

'These Slovakian blocks possess all the ingredients needed for the presence of
significant hydrocarbon fields and they are close to producing wells in Poland
and the Ukraine. However, they are virtually unexplored. Given the rough terrain
and the costs of acquiring meaningful quantities of seismic data, it makes sense
for us to bring in a partner at this stage and we are very pleased to introduce
JKX as our partner in this project, having worked with them before in Bulgaria.
JKX brings a wealth of experience of working in this part of Europe and the
Ukraine. '

Aurelian Oil & Gas plc
29 April 2008


Aurelian Oil & Gas PLC


Annual report and accounts

Aurelian Oil & Gas PLC (AIM: AUL) announces that it posted its annual report and
accounts and notice of annual general meeting for the year ended 31st December
2007 to shareholders on Monday 28th April 2008.

Copies of the report and accounts are available from the Company's website at

www.aurelianoil.com

RNS Number : 9992U
Aurelian Oil & Gas plc
21 May 2008



Aurelian Oil & Gas PLC

('Aurelian' or 'the Company')




AGM Statement




At Aurelian Oil & Gas's AGM, Michael Seymour, Managing Director, made the following comments:




'Aurelian's main focus, as in 2007, will continue to be Poland. Last year saw major success with the discovery of the major gas accumulation on our Poznan East Blocks in Central Poland where the Trzek-1 well established a 90 metre gas column. Contingent resources of 190 Bscf were confirmed by a competent person's report prepared by RPS Energy, although our estimate places more Contingent Resources in the northwest, where the structure passes under Poznan City.




In 2008, our main emphasis will continue to be on this project. A 299 sq km 3D seismic survey has already commenced and acquisition is nearing completion. This survey is designed to confirm the drilling locations for the next wells on the structure. It will also cover part of the area to the northwest and, if interpretation of the data confirms that the gas accumulation extends as far as is hoped, we believe that it will be possible to increase contingent resource volumes and include appropriate measures for their recovery in the development plan.




The Company's intention is to carry out a long term test of Trzek-1 to prove commerciality and also install a process facility which will be tied into the local infrastructure, allowing gas sales from late 2009. Aurelian has already received several approaches from potential buyers of the gas, who have also expressed interest in owning and installing the required facilities and pipeline. Discussions are progressing and the selection of a buyer will be announced once finalised.




Aurelian expects that the preliminary field plan will be finalized by the end of the year when the 3D seismic is completed and interpreted.




Elsewhere in our portfolio, 2008 will see us drill four wells in Romania. Two of these are expected to add steady production to the Bilca gas fields and to be tied back into those facilities. The other two, Voitinel and Lilieci, are larger exploration prospects; the former of which is expected to be drilled in the summer and could potentially contain significant reserves. The Company will also be continuing to work over its remaining assets using modern seismic technology, especially in Slovakia and on the Black Sea coast in Bulgaria, with a view to proving up the commerciality and inherent value of our portfolio.




2008 is set to be another important year for the Company as we continue to develop our exciting Polish project. Whilst this may be our main focus, we will also be carrying out a not unsubstantial drilling programme of four wells in Romania, as well as continuing important field and seismic work over our other assets.




Aurelian is more than sufficiently funded to carry out its programme as well as to secure financing for the Siekierki development. '




All resolutions put to the meeting were duly passed.

Two very large trades -listed as unknown - which divided the spread - any views

I see what you mean ! at a guess I would say buys ?

RNS Number : 0755W
Aurelian Oil & Gas plc
05 June 2008



Aurelian Oil & Gas PLC

Development of relationship with Romgaz: farm-out of interests in Slovakia, Poland and Romania

Romgaz joining Aurelian in projects in Slovakia and Poland

First time that Romgaz has participated in exploration outside Romania for many years

Romgaz entering the Bacau concession in Romania

Romgaz and Aurelian to collaborate on next tender round concessions in Romania

Aurelian Oil and Gas PLC ('Aurelian' or 'the Company') announces that, after five years of successful joint ventures in Romania with the state gas company SNGN Romgaz S.A. ('Romgaz'), Aurelian and Romgaz are strengthening their relationship both outside and inside Romania.

Romgaz is joining Aurelian in projects in Slovakia and Poland. This will be the first time for many years that Romgaz has participated in exploration outside Romania.

In Slovakia, Romgaz will earn a 25% interest in Aurelian's three licences Svidnik, Medzilaborce and Snina by paying a 50% share of the US$5 million seismic programme which will start within the next couple of weeks. Romgaz is therefore effectively participating on the same terms as JKX Oil & Gas plc ('JKX'), whose farm-in was announced on 7 April. Participating interests after the farm-out will be Aurelian (operator) 50%, JKX 25% and Romgaz 25%.

In Poland, Romgaz will earn a 15% interest from Aurelian and a 15% interest from GB Petroleum plc ('GB') in the Cybinka and Torzym concessions awarded in February 2008. The concessions, located in the west of Poland, adjacent to the Polish border, are prospective for oil in the Zechstein and 3D seismic is planned for 2009. Romgaz will pay a 45% share of the cost of this survey. The participating interests after the farm-in will be Aurelian (Operator) 35%, GB 25%, Romgaz 30% and Avobone Poland B.V. 10%.

Within Romania, Romgaz will earn a 40% interest in the Bacau concession by paying 66.67% of the Lilieci-1 well, expected to spud around 1 August. This is a 2,900 metre well to test Sarmatian horizons adjacent to Romgaz's large Roman-Secueni gasfield. After the farm-in, participating interests will be Aurelian (Operator) 41%, Romgaz 40% and Europa Oil & Gas plc 19%.

Aurelian and Romgaz have also agreed to work together to evaluate the next tender round of concessions to be offered by the National Agency for Mineral Resources, with a view to applying together. This round is expected around the end of 2008.

The technical information and opinions contained in this announcement have been reviewed by Roy Hartley B.Sc (Hons) (Imperial College), FEI, FGS, C.Eng, Aurelian's Operations Director who has over 30 years' experience in the oil exploration and production industry. He has consented to the inclusion herein of such technical information and opinions.

Michael Seymour, Aurelian's Managing Director, and Francisc Toth. Romgaz's Managing Director commented:

'Aurelian and Romgaz are delighted to have extended their relationship in this way. Over the five years we have been working together, the cooperation between us has been excellent. Romgaz is pleased to be entering into these new partnerships in Slovakia and Poland, and Aurelian is pleased to have been selected by Romgaz as a potential partner for future Romanian collaboration.

We much look forward to working even more closely together and to the obvious benefits this will bring. '

5 June 2008

Aurelian Oil & Gas PLC




Commencement of four-well drilling programme in Romania




Aurelian Oil and Gas PLC ('Aurelian' or 'the Company'), on behalf of its wholly owned Romanian subsidiary, announces that it has spudded Fratauti-2 in its Brodina Concession in Romania. The well is the first of a four-well programme, which is anticipated to take some six months to complete.




Fratauti-2, and Vicsani-1 which will immediately follow it, are shallow wells targeted to test gas in Sarmatian sands in close proximity to the Bilca production facilities from where gas is already being produced. The interest in these wells is held by Aurelian 62.50% (Operator)

and SNGN Romgaz S.A. 37.50%.


The focus will then move to the Bacau concession, where the Lilieci-1 well, scheduled for spudding on 1 August 2008, will evaluate the Sarmatian sands down to a depth of 2,900 metres at a location along structural trend to the large Roman-Secueni gas field where these horizons constitute the producing reservoir. Interests in the Bacau concession following the drilling of Lilieci-1 and the Farm-out to Romgaz (announced in our press release of 5 June 2008) will be Aurelian (Operator) 41.00%, Romgaz 40.00% and Europa Oil & Gas plc 19.00%




Following Lilieci-1, the rig will move for a further well in the Brodina concession. Voitinel-1 is a large sub-thrust prospect with potential in the Sarmatian, Badenian and Cretaceous. The planned total vertical depth is 1,900 metres. Interests in Voitinel will be Aurelian (Operator) 33.75%, Romgaz 37.50% and Europa Oil & Gas 28.75%







The technical information and opinions contained in this announcement have been reviewed by Roy Hartley B.Sc (Hons) (Imperial College), FEI, FGS, C.Eng, Aurelian's Operations Director who has over 30 years' experience in the oil exploration and production industry. He has consented to the inclusion herein of such technical information and opinions.







Michael Seymour, Aurelian's Managing Director, commented:



'We are all looking forward to the results of this drilling programme. Fratauti-2 and Vicsani-1 have a good chance of establishing additional gas reserves for the Bilca project. Lilieci-1 and Voitinel-1 are exploration wells, with sizeable potential. Voitinel in particular is a large structure located between producing oil, gas and condensate fields to the north in Ukraine and to the south in the adjacent Romanian concession. '




6 June 2008

2 bits of decent news today......and a mere 1.25p up......big deal.......am expecting this to be in 50s at least

that would please me to scot !:)

Its only a question of time - I like them to rise slowly and with regularity (!) - less incentive for the profit takers to spoil the party - I am currently 20% up with this one but it has a long way to run IMHO - I much like the way that the management keep us informed.

make that 0.25p........for 2 bits of decent news!!

Aurelian Oil & Gas PLC

('Aurelian')

Wednesday 25 June 2008




Issue of shares




Aurelian announces that 100,000 ordinary shares of 5 pence have been issued to a former director on the exercise of options held under Aurelian's Unapproved Share Option Scheme. The consideration paid for the shares in accordance with the rules of the Scheme was 12.7 pence per share.




Application has been made for the new ordinary shares to be admitted to trading on AIM.

Aurelian Oil & Gas PLC




Results of Well Fratauti-2, Bilca Gas Project, Brodina Concession, Romania




Highlights:




Fratauti-2 completed as a gas production well

Well will be tied into the Bilca production facilities

Production expected to start in September 2008 at a rate of 3 million scf/d

Rig will now move to drill Viscani-1 exploration well




Aurelian Oil and Gas PLC ('Aurelian' or 'the Company') announces on behalf of its wholly owned Romanian subsidiary and its partner SNGN Romgaz S.A. that the well Fratauti-2, spudded on 6 June, has been completed as a gas production well.




Fratauti-2 is located approximately 800 metres from Fratauti-1, one of three separate gas accumulations producing gas into the Bilca Facilities. It was drilled to appraise the B sand seen in Fratauti-1 where 2.4 metres of net sand was encountered. Subsequent analysis showed Fratauti-1 to have encountered the edge of the B sand gas accumulation close to the gas/water contact and provided the justification for further appraisal.




A gas column of 11.6 metres and net pay of 5 metres were encountered at a reservoir depth of 605 metres in the B sand in Fratauti-2. It has been tested at rates up to 3.7 million scf/d at a wellhead pressure of 40 bar. The well will now be tied into the flow line taking gas from Fratauti-1 to the Bilca production facilities and is expected to be producing in September 2008. Fratauti-1 produces gas from the C sand and the B sand has not been produced in that well.




The rig will now move to drill the Vicsani-1 exploration well, located approximately 200 metres from the pipeline between Fratauti and Bilca. The well has been planned to test a Seismic anomaly in the Sarmatian sands and is anticipated to spud on or around 14 July.




Percentage interests in the Fratauti-2 and Vicsani-1 wells and the Bilca gas project are: Aurelian (operator) 62.5%, Romgaz 37.5%.




The technical information and opinions contained in this announcement have been reviewed by Roy Hartley B.Sc (Hons) (Imperial College), FEI, FGS, C.Eng, Aurelian's Operations Director who has over 30 years' experience in the oil exploration and production industry. He has consented to the inclusion herein of such technical information and opinions.




Michael Seymour, Aurelian's Managing Director, commented:



'We are very pleased that the first well in the 2008 4-well programme has been successful and will increase gas sales through the Bilca production facilities. Production from the existing three wells is also about to be boosted as a result of the installation of compression and success with the Vicsani well could add further value to the project.'




1 July 2008

seems as though good news does nothing for this share

Very Little ... Maybe when markets improve ??

RNS Number : 0403Z
Aurelian Oil & Gas plc
15 July 2008



Aurelian Oil & Gas PLC

Commencement of Well Vicsani-1, Brodina Concession, Romania

Aurelian Oil & Gas PLC ('Aurelian' or 'the Company') announces on behalf of its wholly owned Romanian subsidiary and its partner SNGN Romgaz S.A. that the well Vicsani-1 was spudded on 14 July.

Vicsani-1 is located 2 kilometres from the Bilca Gas Processing Facilities and is being drilled to a depth of 670 metres to evaluate the Sarmatian sands, the reservoir of the Bilca group of fields.

Percentage interests in the Fratauti-2 and Vicsani-1 wells and the Bilca gas project are: Aurelian (operator) 62.5%, Romgaz 37.5%.

The technical information and opinions contained in this announcement have been reviewed by Roy Hartley B.Sc (Hons) (Imperial College), FEI, FGS, C.Eng, Aurelian's Operations Director who has over 30 years' experience in the oil exploration and production industry. He has consented to the inclusion herein of such technical information and opinions.

Aurelian Oil & Gas PLC




Results of Well Vicsani-1, Brodina Concession, Romania




Highlights:

Vicsani-1 established presence of a 12.5 meter gas column and is being completed as a gas production well

The well will be tied into the Bilca production facilities

Production is expected to start in November 2008 at a rate of 1.5 million scf/d (50 kNm3/d)

Aurelian will now move on to drill the Lilieci-1 exploration well on the Bacau concession




Aurelian Oil and Gas PLC ('Aurelian' or 'the Company') announces on behalf of its wholly owned Romanian subsidiary and its joint venture partner, SNGN Romgaz S.A., that Vicsani-1, spudded on 13th July, has been successfully completed as a gas production well.




The well tested a Sarmatian sand in the interval 433m to 445.5m, and flowed gas at rates up to 3.1 million scf/d (84 kNm3/d) at a wellhead pressure of 21bar. Production logs showed that the gross gas column of 12.5m contributed to flow. It is expected that regulatory approvals will be obtained to tie-in both Vicsani-1, at a rate of 1.5 million scf/d, and the recently drilled Fratauti-2 to the Bilca Gas Plant in November 2008.




Recent severe weather and flooding in the region has severely damaged roads and bridges including the flowline from Fratauti-1 to the Bilca Gas Plant which will be used to produce the two wells. The flowline has now been repaired with production re-commencing within 5 days of rupture. The replacement of eroded soil and strengthening of the flowline will continue for some weeks.




Percentage interests in the Vicsani-1 and Fratauti-2 wells and the Bilca gas project are: Aurelian (operator) 62.5%, Romgaz 37.5%.




Vicsani-1 was the second of Aurelian's four-well drilling programme. The third, Lilieci-1, is expected to spud during the week of 18th August. This is a deeper Sarmatian test well with a planned total depth of 2,890m and is located in the northeast of the Bacau concession, with the Roman-Secueni gas field, which has produced over 850 Bscf from the same reservoir, just 7 km to the north across the block boundary. The well is expected to take 85 days to drill and test. Results are expected to be available in November.







The technical information and opinions contained in this announcement have been reviewed by Roy Hartley B.Sc (Hons) (Imperial College), FEI, FGS, C.Eng, Aurelian's Operations Director who has over 30 years' experience in the oil exploration and production industry. He has consented to the inclusion herein of such technical information and opinions.





Michael Seymour, Aurelians Managing Director, commented:

Our Romanian drilling campaign this year of four wells back-to-back has got off to the perfect start with the first two establishing commercial gas and expected to be on production during the fourth quarter of this year. With compression currently being installed to boost the production from the first three fields, which have already been in production for two years, we can expect that, by the end of the year, production rates will be substantially higher than a year ago.

The next six months will be an exciting time for Aurelian when we will be drilling the third and fourth wells of our campaign, Lilieci-1 and Voitinel-1 respectively, which represent much larger prospects.


5 August 2008

Enquiries:

RNS Number : 7652B
Aurelian Oil & Gas plc
21 August 2008






Aurelian Oil & Gas PLC




Commencement of Well Lilieci-1, Bacau Concession, Romania







Aurelian Oil and Gas PLC ('Aurelian' or 'the Company') announces on behalf of its wholly owned Romanian subsidiary and its partners, SNGN Romgaz S.A. ('Romgaz') and Europa Oil & Gas S.R.L. ('Europa'), that the well Lilieci-1 was spudded on 19 August.




Lilieci-1 is located in the northeast of the Bacau concession, approximately 10 km from the Roman-Secueni gas field, operated by Romgaz. It is reported that, up to the end of 2004, Roman-Secueni had produced 850 bcf. Lilieci-1 will be evaluating the same Sarmatian sand reservoirs as are productive in Roman-Secueni.




The well is programmed to a total vertical depth of 2,891 metres, although it will be slightly deviated from the surface location, the selection of which was restricted due to local habitation and the terrain. It is anticipated that the operation will take approximately 90 days.




Following completion Percentage interests in the Lilieci-1 well will be: Aurelian (operator) 41%, Romgaz 40% and Europa 19%.




The technical information and opinions contained in this announcement have been reviewed by Roy Hartley B.Sc (Hons) (Imperial College), FEI, FGS, C.Eng, Aurelian's Operations Director who has over 30 years' experience in the oil exploration and production industry. He has consented to the inclusion herein of such technical information and opinions.




21 August 2008

RNS Number : 7649H
Aurelian Oil & Gas plc
10 November 2008







Aurelian Oil & Gas PLC
('Aurelian' or the 'Company'),




10 November 2008

Farm out of Poznan Concessions

Agreement signed for farm out of a 40% interest in the Poznan concessions to Canamens Energy Limited ('Canamens')




Canamens to meet 80% of the costs of Aurelian's current 90% share of a work programme up to a maximum consideration of 40 million




Work programme planned to include two horizontal fracced wells and the installation of gas production and pipeline facilities




Aurelian to retain management responsibility and 50% interest in the Poznan Concessions ('the Concessions').




Aurelian is pleased to announce that it has signed an agreement with Canamens under which Canamens will farm in to earn a 40% interest in the Poznan Concessions (including the Siekierki gas project) by meeting 80% of the total cost of a defined work programme up to a maximum investment of 40 million. Aurelian will bear 10% of the cost of the programme and retain a 50% interest. The work programme is planned to include the cost of two horizontal fracced wells and the installation of gas production and pipeline facilities for long term testing of the two new wells. Canamens will have the right at certain stages in the programme to terminate their obligation to meet Aurelian's costs by reducing their interest.

Canamens is a private equity funded upstream oil and gas company. Its aim is to acquire assets with existing or near-term production opportunities, with field development and exploration potential where it can add real value through its industry experience and through its relationship with leading industry service providers. Sector Asset Management and Goldman Sachs are its two principal investors.

The introduction of Canamens will provide both technical expertise and experience to the development of the Siekierki project and the funds which Aurelian requires to take it through the forthcoming appraisal and initial development phases.

As a result of the restructuring, the beneficial interests held in Energia Zachod Sp. z o.o. ('EZ') (Aurelian's Polish affiliated company owning the Concessions), and therefore in the Siekierki Project, will be, Aurelian 50%, Canamens 40% and Avobone N.V. 10%. The Aurelian group will continue to be responsible for providing EZ with the staff and support to enable it to fulfil its role as Operator of the Project.

Michael Seymour, Managing Director of Aurelian, commented:

'We are particularly pleased to have been able to negotiate this agreement in these difficult markets. This farm out should secure sufficient funding to take this project to the next commercial stage of its development. Thereafter subject to positive results of the long term test, this project will move into full commercialisation with gas being sold into the high pressure system of the Polish market.'

Greg Coleman, Chief Executive Officer of Canamens said:

'We welcome the opportunity to make this investment in a major gas development in Poland which is in line with our strategy and provides tangible value with identifiable upside for the benefit of Polish consumers of natural gas as well as investors in the project. We are pleased to be associated with the Aurelian team which has demonstrated its ability to identify major potential resources and develop them.'

RNS Number : 2591N
Aurelian Oil & Gas plc
13 February 2009






Aurelian Oil & Gas PLC

('Aurelian' or 'the Company')




Test results from onshore Romanian gas discovery




Highlights:




Test production at rates of up to 4.6 million standard cubic feet per day

Probable commercial discovery across multiple producing zones

Well to be completed in three zones for long term test




Further to its operational update on 19 December 2008 which confirmed that the sands in the Lilieci-1 well, onshore Romania, were gas bearing, Aurelian is pleased to announce test results from the well.




Lilieci-1 was drilled as a deep test of the Sarmatian gas play in the EIII-4 Bacau Concession along the eastern front of the Carpathians. Potential reservoir horizons consisted of sand bodies trapped within a background lithology of claystones. The well encountered a thick over-pressured section with high gas readings between 1,750 metres and total depth at 2,980 metres. Definition of net pay with wireline tools proved difficult because of their limited resolution. Consequently two flow tests covered a number of sands and production logging was then used to delineate pay zones.




A test of 31 metres of perforations in four separate sands in the interval between 2,412 metres and 2,584 metres flowed gas at rates up to 122 thousand normal cubic metres per day (4.6 million standard cubic feet per day) at a wellhead pressure of 165 bar.




Production logging measurements indicated that 10 metres of perforations in three sands produced dry gas. The well is being completed in these three productive zones to allow a long term test.




The other test of 24 metres of perforations in two sands in the interval between 2,846 metres and 2,915 metres only recovered minor amounts of gas and condensate with water. This zone is not commercial.




Aurelian will be appraising Lilieci with its partner, Romgaz, operator of the 850 billion cubic feet Roman-Secueni gas field some 7 kilometres to the north. Further step-out options available include sidetracking the current well to test the extent of the productive sands encountered in Lilieci-1 and to evaluate potential deeper targets. The possibility of drilling an appraisal well is also being considered.




The partners in the Lilieci-1 well are Aurelian (operator) 41%, Romgaz 40% and Europa Oil & Gas plc ('Europa') 19%. Under the terms of an agreement between Aurelian and Europa under which Aurelian has paid a proportion of Europa's share of the well costs, Europa now has 60 days to elect whether to participate in the appraisal and development of the Lilieci discovery or to assign its interest in the discovery to Aurelian. If it elects to participate, Europa will pay Aurelian a sum currently estimated at 4.5 million for the aggregate of its unpaid share of the well costs and an agreed premium.




The technical information and opinions contained in this announcement have been reviewed by Roy Hartley B.Sc (Hons) (Imperial College), FEI, FGS, C. Eng, Aurelian's Operations Director who has 40 years of experience in the oil exploration and production industry. He has consented to the inclusion herein of such technical information and opinions.




Michael Seymour, Managing Director commented,




'Lilieci-1 is our third successive successful well in Romania, following Fratauti-2 and Vicsani-1 in the Brodina EIII-1 concession. The flow rates and net pay on test indicate that we can expect to develop it as a commercial discovery.




The well is our first well in the Bacau concession and highlights the general potential of the block. It particularly focuses attention on the potential of our two other strong leads, Schineni and Siretu which are close to Lilieci and, like Lilieci, on the outskirts of Bacau, an important industrial city of some 200,000 population.'

RNS Number : 0768U
Aurelian Oil & Gas plc
17 June 2009



Aurelian Oil & Gas PLC

('Aurelian')

Wednesday 17 June 2009




Notification of major interests




Aurelian announces that, following completion of its placing of 96,760,349 new ordinary shares at 12 pence per share on 15 June 2009 and the consequent increase in total voting rights in the Company to 232,361,811 shares, it has received notices of the following discloseable interests:

New article, click HERE

RNS Number : 1353V
Aurelian Oil & Gas plc
06 July 2009



Aurelian Oil & Gas PLC

('Aurelian' or 'the Company')




Update on Lilieci-1, Bacau Concession, Romania







Aurelian is pleased to announce that the further testing of its Lilieci-1 well, announced as a discovery on 13 February 2009, has been successfully completed.




Lilieci-1 evaluated a large number of Sarmatian-age sands over an interval of some 1,250 metres. Gas shows were evident throughout the section down to total depth and four sands between 2,412 and 2,584 metres flowed gas upon test at rates up to 122 thousand m3/d (4.6 million scfd). Post well evaluation has indicated that additional target sands exist in the section just below the well's total depth of 2,980 metres.




Only one of the Sarmatian sandstone zones tested in February was subjected to further testing. This zone was flowed for four days at rates up to 55 thousand m3/d (1.6 million scfd). Other gas-bearing sands encountered in the well were not tested on this occasion. The objective was to prove up a minimum quantity of gas to justify investment in a long term production test, during which the gas would be sold. This objective has been achieved.




Romgaz has recently made a gas discovery, Berbeceni-1, to the east of the Bacau concession in the same play as Lilieci-1. This play now appears to have potential for substantial gas production with Romgaz about to test it again with the Bogdanesti-1 well. This well will shortly be drilled close to the Bacau concession boundary and on a trend that includes Lilieci-1 and also Aurelian's Schineni and Siretu prospects. The results of the well will clarify their prospectivity and narrow the options for progressing the Lilieci-1 discovery.




The partners in the Lilieci-1 well are Aurelian (operator) 41%, Romgaz 40% and Europa Oil & Gas plc ('Europa') 19%. Under the terms of an agreement between Aurelian and Europa under which Aurelian has paid a proportion of Europa's share of the well and testing costs, Europa will have a short period in which to elect either to participate in the appraisal and development of the Lilieci discovery or to assign its interest in the discovery to Aurelian. If it elects to participate, Europa will pay Aurelian a sum currently estimated at 6.0 million comprising the aggregate of its unpaid share of the well costs and an agreed premium.




The technical information and opinions contained in this announcement have been reviewed by Roy Hartley B.Sc (Hons) (Imperial College), FEI, FGS, C. Eng, Aurelian's Operations Director who has 40 years of experience in the oil exploration and production industry. He has consented to the inclusion herein of such technical information and opinions.




Michael Seymour, Managing Director of Aurelian Oil & Gas commented

'The northern part of the Bacau concession now looks very interesting. Success for Romgaz with Bogdanesti-1 would encourage us to drill Schineni and Siretu and provide us with further insight for planning the development of our Lilieci discovery.'

Tuesday 8 September 2009




Aurelian Oil & Gas PLC

('Aurelian' or 'the Company')




Appointment of Chief Financial Officer




The board of directors of Aurelian ('the Board') is pleased to announce the appointment of Mark Reid to the Board as Chief Financial Officer of Aurelian. The appointment will take effect from 21 September 2009.




Mark, aged 41, has over twenty years of experience in investment banking and financial services. He joins Aurelian from the London office of BNP Paribas Fortis where he was Head of Oil and Gas. Mark has also held senior positions in the Oil and Gas team at National Australia Bank and in Ernst & Young's Corporate Finance division where he spent eight years providing M&A and corporate finance services to clients globally.




Mark's appointment is a further indication of the priority being given by Aurelian to the commercialisation of its resource position through the conversion of current exploration and appraisal assets to bookable reserves and development projects. The development of the cornerstone Siekierki tight gas accumulation in Poland is key to this process.




Mark is both a member of the Institute of Chartered Accountants of Scotland and a Fellow of the Chartered Association of Certified Accountants. He holds an MBA (Distinction) from Strathclyde University and is a Member of the Securities Institute.




There are no further disclosures required under Schedule 2(g) of the AIM Rules for Companies.




Rowen Bainbridge chief executive officer of Aurelian said:




I am delighted that Mark is joining Aurelian. He does so at an important and exciting stage in the company's development as its projects move to the execution phase. He brings with him a deep understanding of the E&P sector and of the capital markets. He will play a key role in ensuring that the company's ambitious growth plans are funded and that our financial management and discipline is maintained. His appointment represents a further step towards our plan to strengthen and sharpen the focus of the senior management team and Board'.




David Prior chairman of Aurelian said:




The appointment of Rowen Bainbridge as CEO in July and now Mark Reid as CFO means that Aurelian now has a first class executive management team. With Michael Seymour and the existing, staff, this team now has all the necessary project management, commercial, risk management and financial skills and expertise to ensure that the full value of the company's attractive and highly prospective portfolio of oil and gas assets in central Europe is realised for the benefit of shareholders. I am very confident about the future.'

Tuesday 8 September 2009




Aurelian Oil & Gas PLC

('Aurelian' or 'the Company')




Appointment of Chief Financial Officer




The board of directors of Aurelian ('the Board') is pleased to announce the appointment of Mark Reid to the Board as Chief Financial Officer of Aurelian. The appointment will take effect from 21 September 2009.




Mark, aged 41, has over twenty years of experience in investment banking and financial services. He joins Aurelian from the London office of BNP Paribas Fortis where he was Head of Oil and Gas. Mark has also held senior positions in the Oil and Gas team at National Australia Bank and in Ernst & Young's Corporate Finance division where he spent eight years providing M&A and corporate finance services to clients globally.




Mark's appointment is a further indication of the priority being given by Aurelian to the commercialisation of its resource position through the conversion of current exploration and appraisal assets to bookable reserves and development projects. The development of the cornerstone Siekierki tight gas accumulation in Poland is key to this process.




Mark is both a member of the Institute of Chartered Accountants of Scotland and a Fellow of the Chartered Association of Certified Accountants. He holds an MBA (Distinction) from Strathclyde University and is a Member of the Securities Institute.




There are no further disclosures required under Schedule 2(g) of the AIM Rules for Companies.




Rowen Bainbridge chief executive officer of Aurelian said:




I am delighted that Mark is joining Aurelian. He does so at an important and exciting stage in the company's development as its projects move to the execution phase. He brings with him a deep understanding of the E&P sector and of the capital markets. He will play a key role in ensuring that the company's ambitious growth plans are funded and that our financial management and discipline is maintained. His appointment represents a further step towards our plan to strengthen and sharpen the focus of the senior management team and Board'.




David Prior chairman of Aurelian said:




The appointment of Rowen Bainbridge as CEO in July and now Mark Reid as CFO means that Aurelian now has a first class executive management team. With Michael Seymour and the existing, staff, this team now has all the necessary project management, commercial, risk management and financial skills and expertise to ensure that the full value of the company's attractive and highly prospective portfolio of oil and gas assets in central Europe is realised for the benefit of shareholders. I am very confident about the future.'

http://www.proactiveinvestors.co.uk/companies/news/9456/aurelian-oil-gas-lifted-by-siekierki-gas-field-sales-deal-and-romanian-gas-well-tests-as-it-outlines-new-strategy-9456.html

These are super events, and well worth attending for shareholders, and those interested in the stocks concerned!


Proactive Investors One2One Forums

The directors of Pan African Resources (AIM: PAF), Aurelian Oil & Gas (AIM: AUL), and Jameson Resources (ASX: JAL) will be presenting:

Wednesday the 9th December 2009

Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

The presentations will start at 6:00pm and finish at approx 7:30pm.

After the presentations are complete the directors will also be available to take questions during a free canapand wine reception.
This is an excellent opportunity to speak to the CEO's and network with fellow investors and city professionals.

This event is suitable for the following: Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.


Register Here : http://www.sign-up.to/signup.php?fid=1917&pid=7163


If you have any problems registering or queries please email action@proactiveinvestors.com


The nearest tube stations are Green Park and Bond Street, and a a short walk away from the Chesterfield Hotel.

RNS Number : 8212D
Aurelian Oil & Gas plc
09 December 2009






Aurelian Oil & Gas PLC

("Aurelian" or "the Company")







Gaffney Cline "CPR" significantly increases Aurelian's resources




Aurelian is delighted to announce that Gaffney Cline & Associates ("GCA") has released a draft competent persons report ("CPR") to the Company after conducting a full and independent review of its petroleum interests. Using some of the information provided in the CPR, the Company is pleased to provide the following key highlights and comparisons to its own preliminary estimates used in its announcement of the 26th of October 2009. Aurelian now calculates a total risked EMV of 1.49billion equivalent to 5.64 per share and an increase of 381% from the 1.48 per share shown in our announcement of 26th October 2009. All figures disclosed are net to Aurelian unless stated otherwise.

Key Highlights

An increase in total contingent gas resources to 372 bcf from 138 bcf, an increase of 270%

An increase in total prospective gas resources to 1,267 bcf from 486 bcf, an increase of 261%

An increase in total prospective oil resources to 385 mmbbls from 105 mmbbls, an increase of 367%

An assessment of gross (Aurelian interest 90%) Mid case GIIP for the flag-ship Siekierki Gas project of 1.58 TCF (Low case GIIP 0.8 TCF, High case GIIP 3.6 TCF). Mid case contingent resources relating to Siekierki are 346bcf an increase of 262% from our 26th October 2009 estimate

Proven reserves of 2.4 bcf




Certain key extracts from GCA's CPR follow (the sum of which does not aggregate to the total resources calcuated by Aurelian and quoted in Key Highlights above) and are compared with Aurelian's announcement of 26th October 2009

Great news! Click HERE

Not much interest here but I think its Positive over the last 2/3 months

New article and analysis of today's news. click HERE

Climbing back up today.

Aye not much Interest here, but poss a few quid to be made ?

24 February 2010

Aurelian Oil & Gas PLC
("Aurelian" or "the Company")


Operational update



Aurelian, the Central European focused E&P Company, is pleased to provide the following operational update on its core areas of activity, key projects and corporate developments.



Highlights



Signing of key contracts in Siekierki Tight Gas Project in Poland - signing of key Engineering, Procurement and Construction Management services ("EPCM") and Drilling contracts, firms-up June 2010 spud date for first horizontal well



Significant potential upgrade to Romanian Voitinel appraisal asset- potential upgrade in Voitinel trend GIIP from 50-100bcf to 400bcf



18% increase in Romanian forecast production - April 2010 spud date for Climauti-1 well expected to increase forecast Bilca production by 18% over next seven years



Increased 2009 production volume and revenue - 2009 total production volumes and revenues expected to be 956.5MMscf/2.62MMscf/d and 3.0 million respectively (2008: 516.5MMscf/1.42MMscf/d and 1.9 million)



Additional prospective leads identified in Slovakia - Recent seismic processing and interpretation has identified further prospective leads in addition to the Smilno gas exploration prospect which was assessed at an Expected Monetary Value ("EMV") of 136 million, in the Company's 15thDecember 2009 Competent Person's Report produced by Gaffney Cline & Associates. Additional seismic is planned for 2010 with drilling planned for 2011.



Up-scaled 39 million Equity Placing accelerates exploration activities - recent up-scaled 39 million Equity Placing allows the Company to accelerate Polish Permian Basin exploration activities to Q3 2010 with 2D seismic planned to firm up leads in gas prone Kalisz block and 3D seismic to be used in oil prone Cybinka and Torzym blocks.



Management changes- Chris Brown joins as Director of Exploration from Suncor Energy on 1stMarch 2010 taking over this key role from Michael Seymour. From 1stMay 2010, Michael will work part-time with the Company as an Executive Director in the role of Adviser on Government and Partner Relations.





















Rowen Bainbridge, Chief Executive commented:



"In October 2009 we set out a new strategy and a series of milestones against which we could be measured. This Operational Update records steady progress against all the targets we set out. We have refocused the Company on Core Areas, added technical and operating capability at the Board and Executive levels and, through our successful 39 million capital raise, removed the financing risk that was depressing our share price. We have advanced all of our projects and, with the significant upgrade in GIIP estimate to 400 bcf on our Voitinel trend, continue with our excellent exploration track record in the region.



2010 is the year of opportunity for Aurelian as we aim to deliver on our flagship Siekierki Tight Gas Project and drill our first of many high impact Carpathian exploration wells".






Aurelian, the Central European focused E&P Company, is pleased to provide the following operational update on its core areas of activity, key projects and corporate developments.



Poland



EPCM contract signed for Siekierki project



Aurelian, is delighted to announce that it has awarded an EPCM contract for the appraisal phase of its Siekierki tight gas project in Poland to the Warsaw office of ILF Consulting Engineers ("ILF"). The contract was awarded through Aurelian's 90% owned Polish subsidiary Energia Zach Sp. Z o.o. ("Energia Zach" or "EZ"), which holds and is operator of the Exploration licence. The EPCM contract covers 3 flowlines, a 'Pilot' Central Production Facility to treat the gas to sales quality, an export line with pressure reduction and metering station and tie-in to the high pressure gas network. The facility will be designed to produce and treat up to 11MMscf/d during the initial Pilot phase with these facilities being upgraded during full field development to a processing capacity of up to 106 MMscf/d.



ILF carried out a review of the export options for Siekierki gas in Q3 2009. The project scope was subsequently defined in Q4 to allow ILF to provide a fully manned project team from 4th January 2010. Work is on schedule to prepare an Environmental Impact Assessment for submission to the Authorities and this is the first step in a series of approvals that will lead to the award of the Construction Permit in October 2010. First gas sales should commence in the second half of 2011 after completion of the first two Siekierki horizontal wells and construction of the Pilot Facility.



ILF has its main offices in Innsbruck and Munich, more than thirty subsidiary offices worldwide and permanent staff of over 1600. All ILF-companies are certified to ISO 9001.





Signing of Nafta Pila Drilling Contract and June 2010 spud date advised for first Siekierki horizontal well



As announced on 24th November 2009 a Commitment Letter had been signed with Nafta Piła to provide a 2000 HP rig to drill two appraisal wells in the Siekierki tight gas project in Poland. The contracted 2000 HP rig is currently working in Slovakia on contract to OMV and is expected to return in time to allow Trzek-2 to commence in June 2010. Energia Zach has now negotiated and will sign today a final Contract with Nafta Piła which includes an additional clause providing Energia Zach with the right to utilise another Nafta Pila rig, a 1600HP unit, to drill the vertical pilot hole for Trzek-2 in the event that the contracted 2000HP rig is delayed in Slovakia. This is a very strong mitigant to any risk of delay in spudding this first well.



The drilling location selected for the first horizontal appraisal well is 2km to the southeast of Aurelian's Trzek-1 well, which was drilled, fracced and tested gas at 7.5MMscfd in 2007. In Trzek-2, a vertical pilot will be drilled through the reservoir to obtain core and log data and a horizontal well sidetracked up to 1500m back towards Trzek-1. A wellsite has been contracted and it is expected that approval to drill will be obtained from the Mines Department in March 2010.



The Siekierki project is located in the Poznan licences which are 100% held by Energia Zachod a company owned 90% by Aurelian and 10% by Avobone N.V. Energia Zachod is operator of the Siekierki project.








Romania



Romania - Appraisal of Voitinel/ increase in GIIP estimates from 50-100bcf up to 400bcf



Aurelian is pleased to announce that it is planning to appraise the Voitinel-1 gas discovery, drilled and successfully tested last year in the Brodina Concession in Northern Romania. Aurelian now believes that theVoitinel trend could hold up to 400bcf of Gas in Place, a significant increase from its previous estimate of 50-100bcf. However, the ultimate volume of gas recoverable will be dependent on the results of the fraccing and testing in April 2010 together with a further appraisal wells in 2010 and 2011. These activities are detailed more fully below.

On 17th November 2009, Aurelian announced that Voitinel-1 had tested gas from a sand between 1,653 and 1,672 metres (" the1650 sand") and that another sand between 1,400 and 1,425 metres (" the1400 sand") appeared to be gas bearing. Post test analysis of the 1650 sand data indicates the well to be in contact with a substantial volume of gas but flow boundaries are noted near the well bore and these limit the flow rate. One of the objectives of appraisal will be to determine whether these barriers (probably faulting related to the formation of the structure) are localised or pervasive throughout the structure and whether techniques such as high angle drilling and fracture stimulation can overcome them.

As the first step in appraisal it has therefore been decided to fracture stimulate and flow test the 1650 sand to determine whether the flow rate can be improved. Equipment will be mobilised to site in March 2010 to carry out this work. The stimulation, subsequent flow test and monitoring of the recovery in reservoir pressure will take about 4 weeks. Thereafter it is planned to mobilise a rig to site to recomplete the well and allow the 1400 sand to be tested.

Re-mapping of the Voitinel structure to incorporate the well data including reprocessing and depth migration of the seismic is underway at present. This should then allow an appraisal well to spud in Q3 2010.

In the southern part of the Brodina concession a second structure called Solca extends into the Moldova Nord concession held by Romgaz, one of the joint venture partners in Brodina. In the Moldova Nord concession, Romgaz has completed the drilling of the Paltinu-102 well on the Solca trend close to the Brodina concession boundary in January 2010. Romgaz has informed Aurelian that it had encountered gas shows and plans to test four sands in this well. It is likely that this will commence in April and take some weeks to complete. Another well, Paltinu-103 has commenced drilling to the east of Paltinu-102. As both wells are less than 1km from the Brodina/Moldova Nord concession boundary, it is clear that if Paltinu-102 and 103 test gas and either or both accumulations extend into Brodina, the results would be significant for Aurelian and its partners. Given the above, it is expected that discussions will begin between Aurelian and Romgaz as respective operators regarding co-operation between the Brodina and Moldova Nord groups to jointly develop these common exploration and development projects.

Based upon the above explanation and planned activities, Aurelian believes that the wider Voitinel structural trend could have gas-in-place volumes as great as 400bcf.

Interests in the Brodina block are Aurelian Oil & Gas (Romania) SRL 33.75% (Operator), S.N.G.N. Romgaz S.A. 37.50% and Europa Oil & Gas srl 28.75%.








Suceava Block - Climauti-1 Well and 2009 Bilca Production Update



Climauti-1 is to be drilled in April 2010 as a commitment well in the Suceava Block with a view to increasing Aurelian's forecast production from the Bilca processing plant by an average of 18% over the 7 year expected life of the well. Annual production from the well is estimated at 6million cubic metres/212MMscf in each of the first two years, declining gradually to 1 million cubic metres/35.3MMscf by the end of the seventh year.



The Climauti-1 Well is located 8 km from the Bilca Gas Processing Facilities through which the gas from the well will be processed. The well will be drilled to a depth of 600m to evaluate the Sarmatian sands which is the producing reservoir in the Bilca group of fields. Climauti-1 is expected to spud in April and when finished later in the month, the rig will move to Voitinel to carry out the test on the 1400 sand.



Aurelian's 2009 total production volumes and revenues are expected to be 956.5MMscf/2.62MMscf/d and 3.0 million respectively (2008: 516.5MMscf/1.42MMscf/d and 1.9 million)





Interests in the Suceava Block are Aurelian Oil & Gas (Romania) SRL 50% (Operator), Regal Petroleum plc 50%.





Bulgaria;



The Company is planning to make an announcement in March 2010 regarding its ongoing activities in Bulgaria.





Slovakia



Seismic identifies additional prospective leads



Seismic processing and interpretation continues on Aurelian's three licence areas and is highlighting additional prospective leads in addition to the Smilno gas exploration prospect which was assessed at an EMV of 136 million, in the Company's 15th December 2009 Competent Person's Report produced by Gaffney Cline & Associates.



Additional seismic is planned for 2010 with drilling planned for 2011.



Interests are Aurelian Oil and Gas Poland S.R.O. (50%) (Operator), JKX Oil and Gas plc (25%) and S.N.G.N Romgaz (25%).










Corporate



Additional proceeds from up-scaled 39m Capital Raise to be used to accelerate attractive Permian Basin exploration activities



In addition to being funded to drill the first Siekierki well and up to seven exploration and appraisal wells in the next two years, targeting assets with an expected monetary value ("EMV") of 1.2 billion, Aurelian's recent up-scaled Equity Placing, has also enabled it to accelerate its exciting exploration activities in its Kalisz, Cybinka and Torzym licences in the Permian Basin of North West Poland.



Kalisz - The Kalisz block is located along the same trend of the Rotliegendes currently being exploited by PGNiG/FX Energy in their Fences concession which lies immediately south of Aurelian's Poznan East and North blocks. PGNiG/FX Energy have a number of discoveries which, although much smaller than Aurelian's Siekierki structure, do exhibit attractive porosity and permeability characteristics. Existing seismic on the Kalisz block has identified an interesting gas lead, Stawizyn which appears to be similar in nature to the above mentioned discoveries made by PGNiG/FX Energy and this proposed additional seismic will better define this lead for drilling in late 2011/early 2012.





Interests in Kalisz are Aurelian Oil and Gas Poland Sp. z.o.o. (50%) (Operator), GB Petroleum Limited (40%) and Avobone Poland B.V. (10%).





Cybinka/Torzym - 3D seismic will be obtained on these two oil prone blocks in Q3 2010. Both blocks are close to the largest oilfield in the Central Lowlands of Poland, the Lubiatow complex, currently being developed with reserves quoted at 60 million barrels of oil and 271 bcf of gas. Lubiatow's oil and gas is in Zechstein carbonates deposited as downslope wedges along the front of the Main Dolomite barrier reef. These reservoirs are being explored using seismic attribute work obtained from 3D surveys. Two smaller fields of an identical nature, Sulecin and Kamien Maly, are located to the immediate north of the Cybinka and Torzym concessions and the reef front passes through the middle of Aurelian's blocks. Drilling at Cybinka and Torzym is expected late 2011/early 2012.



Interests are as follows;



Cybinka - Aurelian Oil and Gas Poland Sp. z.o.o. (35%) (Operator), GB Petroleum Limited (25%), Avobone Poland B.V. (10%) and S.N.G.N Romgaz (30%)



Torzym - Aurelian Oil and Gas Poland Sp. z.o.o. (35%) (Operator), GB Petroleum Limited (25%), Avobone Poland B.V. (10%) and S.N.G.N Romgaz (30%)



Management changes



The Company is pleased to report that as of 1st March 2010, Chris Brown joins as Director of Exploration. As part Aurelian's continuing evolution, Chris, who was previously Exploration Director for North Africa and the Near East at Suncor Energy, will be responsible for all of the Company's exploration activities, taking over the role from Michael Seymour. From 1st May 2010, Michael will work part-time with the Company as an Executive Director in the role of Adviser on Government and Partner Relations.



The technical information and opinions contained in this announcement have been reviewed by Roy Hartley B.Sc (Hons) (Imperial College), FEI, FGS, C. Eng, Aurelian's Operations Director who has 40 years of experience in the oil exploration and production industry. He has consented to the inclusion herein of such technical information and opinions.

18 May 2010



Aurelian Oil & Gas PLC
("Aurelian" or "the Company")




Director shareholding





Aurelian announces it has been notified by John Conlin, its Chairman, that on Monday 17th May 2010 he purchased 50,000 ordinary shares of 5 pence each in the capital of Aurelian ("Shares") at a price of 36.75 pence per Share. As a result of this purchase, Mr Conlin's interest in Aurelian amounts to 50,000 Shares representing 0.01% per cent. of Aurelian's issued share capital.

New article and analysis

Worth looking at?

Recent chunky director buy and an all time high breakout.

Agree with you ptholden. Bought my shares at 59p not long after the last share placing. Sainsbury and Sorus have large interests here. One to hold and watch. Could pay off well. (sp69p)

Entered the fray yesterday Gus, still trying to get my head round all the activity. I bought mainly on the breakout but prospects look good. Reminds me of AFR to a small degree, proven reserves and continuation of exploration with partners.

2. Substantial Shareholding

At 10 December 2010.




Shares 000's




Toscafund Asset Management and Toscafund Global


69,220,796


14.21%

Kulczyk Investments S.A.


49,141,929


10.09%

Fidelity International Limited


45,159,996


9.27%

Lord Sainsbury of Preston Candover KG


21,980,359


4.51%

Soros Fund Management


21,250,000


4.36%

Capital Research


20,000,000


4.11%

Ingalls and Snyder


19,527,930


4.01%
Total shares in issue

487,083,480




Makes quite an interesting list of holders for such a relatively small company.

The last operational update issued 23rd Dec 2010

Aurelian Oil & Gas PLC

Highlights

First Siekierki Multi Fracced Horizontal Well (MFHW) Trzek-2 successfully completes horizontal section encountering 1378.5 metres of Gas. Now ready for fracture stimulation

o Horizontal section successfully completed encountering 1378.5 metres of Rotliegendes Gas with potential sweet spots and porosities of up to 15%;

o Well now ready for up to 10 stage fracture stimulation;

o Ongoing severe weather expected to delay flow test to January;

o Trzek-2 still expected to complete within Budget; and

o Trzek-3 expected to spud early January.

First Bieszczady well drilling ahead with Target Depth (TD) expected by end February 2011

o Currently drilling ahead at 2700 metres targeting a maximum TD of 4800 metres by end of February 2011; and

o Well targeting prospective resources of up to 100 million barrels (gross) of oil in Carpathian Thrust Fold Belt Core Area.

Siekierki Gas Processing Facility continues to progress

o Final contract close to being agreed for major Long Lead Nitrogen Removal Unit (NRU) required to treat Siekierki gas to sales quality; and

o Construction start date of early 2011 and first gas production target of end of 2011.
1,455 km of 2D and 3D seismic to be acquired across eight surveys in Core Areas in 2011

o Partner budgets agreed for significant seismic investment in Core Areas in 2011; and

o Surveys aim to increase the size of Siekierki Tight Gas project, and in the Carpathian Thrust Fold Belt, to firm up 2011/12 drilling prospects and identify new drilling targets for 2013 and beyond

Up 10% today :)

Yes one to be patient with ptholden. I think we have got in early enough. Should be an interesting 2011 with this one. (sp78p)

Closed up 15% on more than double the average volume without news. Just Gus and myself expressing an interest thus far.

Some chunky trades gone through today, so perhaps news has leaked. I'm assuming if indeed there is anything to report the news will be an update on the Siekierki gas project flow test, although may be a little early.

On the other hand perhaps the rise is due to clever manipulation of the order book and the chunky trades are sells following the recent placing, guess we'll find out soon enough.

Ramper :-)

Oh I beg to differ ptholden,Dil seems interested. lol

10 by Xmas Dil, fill yer boots!

good morning peter .... you'd better be right after your bullying tactics yesterday evening!

Been in for a couple of months....looking good....

Ah, all the worms coming out of the woodwork! Lol

Rampity ramp :)

Disappointing day after a good start, see what tomorrow brings, but wouldn't be surprised to see something of a retrace.

Previous post was clearly wrong. SP continues it's upward steady march :)

Testing going on in Poland now....probably...plus oil and gas prices very firm....

lol! ..... at least my modest holding is now in the money

Hope it's not going to spike and come down......

I have a feeling most do not appreciate the significance of the Skiekierke gas field by which I mean the fact AUL are in the process of building their own gas plant and have already signed a contract to sell the gas on. For info, the contract signed in 2009 equates to $9 mcf, dependent on the PN tariff and currency fluctuations.

depend-E-nt!!
depend-A-nt is a relative or similar!

as different as the Atlantic is from (please note) the Pacific - hope you do not place yourself in the wrong one!!

Oi, I'm on the tube, I can be excused a grmatical error or even a spelling mistake

Yesterday's SP losses more or less recovered subsequent to the carnage of 'sell everything' and back to where we were on Wednesday morning. Gas flow test results from Trezk are due during January, so if on track would expect confirmation next week.

Straight into auction this morning, think there was a RHPS (?) tip on Friday.

Quite a lot going on with AUL at the moment.

very perky - 87.5/88.00 on volume of 1m .... daily norm is only about 2.3m

There was a RHPS tip on Friday now I don't know whether to sell Caza and buy AUL or stay put!!!!

3M if your not in EOG you should take a look, they have a % share in a couple of AUL wells and EOG only has a market cap of less then 40mil whereas AULs cap is over 400 mil...DYOR..

Cheers, deciding what to do. EOG have gone up quite a bit this morning

Quite an impressive chart overall, a steady rise during 2010 which hopefully will be replicated in 2011.

Two distinct channels, the lower line (nice pink) of which I would expect to provide support in the event of any SP fall. I would suggest this trendline should be monitored and if broken with volume, positions closed. It can also be seen that the SP is attempting to regain the upper of the two channels, which it occupied from Oct 09 until June 2010. If it does get there, there's a good chance the SP will have breached 90p and possibly 100p.

Plenty of news to come during 2011, some in the next 4 weeks or so. I would imagine the flow test at Trezk 2 will meet expectations, but the Bieszczady drill results targeting 100mmboe (25% AUL interest) is likely to give the SP a bit of whoosh (whether that be up or down!).

An interesting article which gives some idea of the financial resources AUL are committing to the cause.

Oilvoice

It looks like the SP is likely to remain in a relatively narrow price band until news is announced, I would hope it stays in the current channel at worst, rather than testing the lower trendline. I don't think the RHPS tip helped at all, in fact if AM's L2 hadn't gone tits at a crucial time last Monday, I probably would have closed and bought back in once the short lived hype had evaporated.

http://www.proactiveinvestors.co.uk/companies/news/25891/aurelian-oil-gas-successful-trzek-2-well-shows-significant-uplift-in-initial-production-from-siekierki-25891.html

not in this one currently which i am thankful of - however will be keeping an eye here all next week - chatter is for a bounce not to level before drop but should be at least 20% - i am not so sure as aul's name is mud as not first cock up - we will see gla

oh & house broker target is 84p after this latest rns & drop for what that is worth

good stuff - heading for 20p + finish imo!!

from brokerman apparently.............

Take a good look at Aurelian Oil & Gas. The company was founded in December 2002, and is focused on the re-emerging Central and Eastern European oil and gas markets. (The oldest producing oil province in the world).

Current projects span the region from Poland to Bulgaria, with production in Romania, a deep appraisal well drilled on a large structure in Poland in March 2007 to be developed with a further horizontal well to be drilled in 2010, together with exciting exploration prospects including projects in four countries, Romania (4 blocks), Slovakia (3 blocks), Bulgaria (2 blocks) and Poland (14 blocks). Aurelian operate all of these projects with the exception of Bulgaria.

The share-price tanked on Friday the 16th last week on news that Aurelian's' stabilised flow testing on Trzek-3 MFHW hadn't gone as planned the gas recovery from the Trzek-3 appraisal well was lower than anticipated and could be between 4bcf-8bcf rather than the 16bcf-20bcf that the Company was expecting. The well is also producing higher levels of water than expected. On August 9th Arbuthnot Securities came out with a target price of 84p. Sam Wahab issued an upbeat note after the firm updated the market on its operations in Poland - on the Bieszczady and Siekierki fields. "With the recent uncertainty in the market, we feel Aurelian's current price represents a strong buying opportunity and continue coverage with a "buy" recommendation and an 84p target," he said At the time of Arbuthnot's note Aurelian were trading at 40.25p. (current price: 17.25 pence).

So whats changed here? Yes the Trzek3 is disappointing but that's not the end of the Trzek3 or the company! Far from it. Aurelian are currently re-assessing Trzek3 and more importantly they are still FLOW-TESTING. It's my understanding that the water influx could have effected, and most probably has, gas flow. Aurelian are not a one trick pony. They have assets right across Central Europe and the company are very well-funded with a Board of Directors that are well thought of within their respective areas. They have traded over 90p in the last 12 months. The current share-price looks and feels as though it's about to bounce back over the coming weeks.

Put them on your watchlist as a recovery play. If they manage to sort out the water at Trzek3 then they'll rocket back. Indeed any kind of half-decent production at Trzek will almost certainly enhance their recovery. 40/50p Looks fair value. If they bring Trzek3 back on track then Arbuthnot's 84p looks cheap!

aul is cheap right now though! cheap as chips!!

steady as she goes!!

ONE TO WATCH @ 17.625p

on the turn since yesterday with some profit taking this morning, but order book is moving stronger again. Had a very large drop last week

Is on the move up since earlier mention now 18.125p

excellent rns!

19 +1p

Holding(s) in Company
Toscafund Asset Management LLP

The situation previous to the triggering transaction was a direct holding of 59,887,380 ordinary shares and voting rights over 59,887,380.

The situation after the triggering transactions was an indirect holding of 64,285,099 ordinary shares in Aurelian and voting rights over 64,285,099 ordinary shares (representing the same number of indirect voting rights) and an indirect holding of 14,204,659 held under financial instruments with similar economic effect to qualifying financial instruments.

As a result, the Notification relates to in aggregate 78,489,758 voting rights or 15.88% of the Company's total voting rights.

need i say it - kerrrrrrrrrrrrrrrrrchinnnnnnnnnnnnnnnnnngggggggggggggggggggggggggg

easy cash!

s :-))))))))))))))

Provided it finishes above 20p then next step will be time to fill the GAP up to 44p

only a small gap then!!! steady as she goes - suits me

Nice rise, 5% each day lovely jubbly.

oh yes - sweet - soft bounce happened as expected and continues plus there is more news on the horizon - whilst waiting for rmp and a few others shares like this very useful!!

an ok rns today coupled with friday profit taking - not bad

Law Daily, a paper in Poland, does reveal the gist of the report by National Geological Institute.

It states that some shale rock formations do carry not only gas but an oil fit for extraction on industrial scale.

One of the regions so blessed with this resource is a Carpathians, area of Aurelian's interest, I believe. Geologists predict that ultimately this shale oil, extracted exactly in the same way that gas is, would provide ca 1/3 needs of Poland- so juicy prospects for us, with the market hungry for our oil on the doorstep of AUL facility over there.

http://gospodarka.gazeta.pl/gospodarka/1,33181,10461509,_DGP___Roponosne_lupki_na_Pomorzu_i_Podkarpaciu.html

good stuff macho - i am comfortable here - news should not be far off now - looking fwd to next week & beyond

good to see this one picking up as it should despite the greeks!

34M shares traded and has today managed to get over the 20p so here we go

no problem macho - another good day to end last week - roll on this week

today more :-))))))

another good move up and now 25.50 / 25.75p +1.125p

yes very happy - hope going well for you also

WAS TIME FOR PROFIT TAKING ALRIGHT

:-))

might be interesting here today apparently! gla

would imagine some north movement fairly soon perhaps - good buy in level imo:

broker note after september slump below:

"Arbuthnot Securities oil analyst Sam Wahab says the disappointing news from Aurelian Oil & Gas (LON:AUL) Trzek-3 well, which is indicated recoverable resources of between 4-8 billion cubic feet rather than the 16-20 bcf, does not materially impact his valuation. The analyst repeated his buy recommendation and an 84 pence price target".

chatter of t/o here - we'll see

even better buy in level than yesterday now LOL LOL LOL :-))))

Operational Update
RNS
RNS Number : 7708U
Aurelian Oil & Gas plc
30 December 2011

30th December 2011



Aurelian Oil & Gas PLC



("Aurelian" or "the Company")





Operational Update



Aurelian, the European focused E&P Company, is pleased to provide the following operational update.



Highlights:





· Flow test on Krzesinki-1 gas discovery on Block 207 (Poznan East) commenced

o Flow testing on the Krzesinki-1 exploration well began on 27 December 2011, results expected in the first half of January 2012;

o Results to be incorporated into the Independent Review of Siekierki currently underway; and

o Commercialisation options being evaluated with tie in points being between 5-17km from the gas discovery.



· Niebieszczany-1 discovery

o Well testing in progress by the Operator PGNiG;

o Flow rates from two separate zones 0.6 and 1 MMscf/d plus significant liquids; and

o Appraisal well proposed by PGNiG for 2012 after the final test results.



· Siekierki licence renewed for three years

o Block 207 Poznan East has been renewed up until February 12, 2015, enabling Aurelian to continue the appraisal of the Siekierki gas field and the Krzesinki gas discovery; and

o Block 208 renewal application has been submitted and it is expected that this will be approved shortly. This Block is prospective for Rotliegendes and Zechstein opportunities and is adjacent to the PGNiG-operated "Fences" concessions where a number of gas discoveries have been made.



· Update on Independent Review of the Siekierki Project

o Good progress being made on the review of the Siekierki Project;

o The TRACS AGR team have presented their initial conclusions in line with the 19th December target date and are now working on valuation, commercialisation and forward appraisal plans;

o Considerable insight has been gained in the last three months in understanding both the Siekierki reservoir and the Multi Fracced Horizontal Well ("MFHW") completions to explain the lower-than-forecast initial flow rates announced in September; and

o Final results will be announced at the end of January 2012 following incorporation of well test data of Krzesinki-1 into the analysis. The January update will include a full diagnostic assessment of the MFHW (T-2 & T-3), the implications for GIIP and ultimate recovery from the field. An update on commercialisation options for the gas discovered to date, as well as an updated appraisal plan and pathway to a new field development plan.



· A further 185 km of 2D seismic acquired across two surveys on operated licences in the Carpathian Thrust Fold Belt

o 95 km of 2D seismic acquired in Karpaty East in Poland to identify further potential drilling targets. A well is planned in 2012;

o 90 km of 2D seismic acquired in the oil-prone Cuejdiu licence in Romania seeking to mature for drilling at least one existing lead;

o This brings the 2011 Seismic program to a total of 972 km of 2D seismic and 120 km2 of 3D seismic successfully acquired on seven surveys across our Core Areas; and

o The acquisition of a further 268 km of 2D seismic is underway on our non-operated Bieszczady licence to take total block coverage to approximately 60%.



· Prospect Inventory update now complete and new CPR underway

o Updated prospect inventory now complete incorporating 1500 km of new 2D and 340 km2 of new 3D seismic acquired during 2010 and 2011;

o Independent consultants, RPS Energy ("RPS") have been engaged to produce a new Competent Persons Report ("CPR") and have begun review of the updated prospect inventory; and

o New CPR expected to be complete end February 2012.



· The Company will provide an updated Corporate Strategy in light of the revised Siekierki appraisal plan and new exploration prospect inventory at the end of January 2012.



Rowen Bainbridge, CEO of Aurelian commented:

"The past few months have been a busy time for the Company with recent discoveries on Krzesinki-1 and Niebieszczany-1 and 3 year extension to Block 207 taking the Company forward and bringing a positive end to the year. The success on Niebieszczany-1 and the potential of the Krosno resource play was a good outcome following the earlier problems with the drilling of the well. PGNiG are now looking to complete this as a producing field providing further upside on the Bieszczady blocks.



We have also made good progress on the root and branch review of our Siekierki project with TRACS AGR providing considerable insight into the field and the initial well results. Understanding and finding a solution to Siekierki is critical in terms of value creation and capital allocation. We plan to provide a full update on Siekierki by the end of January, a month later than originally planned but importantly this will incorporate the key well test information from Krzesinki-1 and commercialisation options for the gas discovered to date. At this time we will also provide an update on the Company's strategy in the light of the Siekierki findings and the updated exploration prospect inventory.



Outside of Siekierki, Aurelian has a funded, material exploration plan of up to 10 wells that runs well into 2013. The significant investment over the past two years and updated exploration prospect inventory will provide further significant growth opportunities for the company."

satisfactory end to the year

4 January 2012
Aurelian Oil & Gas PLC
(“Aurelian” or “the Company”)
Award of two new Polish licences
Aurelian, the European focused E&P Company, is pleased to announce that it has been awarded two new licences by the Ministry of Environment in Poland.
 Award of New Concession in our Polish Carpathians Core Area
o Awarded 100% of the “Wetlina” concession in south-eastern part of Polish Carpathians, covering an area of 446km2;
o Close to Aurelian’s highly prospective Bieszczady concession in Poland, where the Company is currently testing the Niebieszczany-1 well, and adjacent to Aurelian’s Snina concession on the Slovakian side of the border;
o Undeveloped Wetlina gas discovery is within concession and two further structures identified with potential in-place resource estimated at 40 BCF and 25 MMBBL; and
o Work programme consists of studies in Year 1 and 14.3km 2D seismic acquisition in Years 2-3
 Award of New Concession in our Polish Permian Basin Core Area
o Awarded 100% of the “Prusice” concession in central Poland in the South Permian Basin, covering areas of 758km2; and
o “Prusice” concession, adjacent to San Leon’s Winsko licence, is believed to be prospective for the emerging Carboniferous Shale gas play.
o Work programme consists of studies in Year 1 and 100km 2D seismic acquisition in Years 2-3.
John Smallwood, Exploration Director said:
“These awards enhance our portfolio in each of our two Core Areas with attractive prospects to mature with low cost work programs and risk profiles. The presence of hydrocarbons is well-established both regionally and locally within each of the new concessions. In addition, our 100% equity position gives us control over the execution of the exploration programmes. Prusice also gives us low cost entry to an emerging shale gas play which aligns well with our technical and operational expertise. We will be looking to bring partners into both blocks to fund the work programs.” Also

http://www.aurelianoil.com/media/61712/presentation-announcement-jan-2012.pdf

up from here ??

Not for release, distribution or publication into or in the United States, Australia, Canada or Japan.



1 February 2012





Aurelian Oil & Gas PLC
("Aurelian" or "the Company")

"Unlocking Value through Technology"

Siekierki Project Update and Strategic Review

· Over the past four months the Company has conducted a comprehensive review of its assets.

· Key conclusions:

o Siekierki is an attractive project.1 The initial problems are now well understood and a clear plan forward has been developed.

o The funded exploration portfolio offers significant upside.

o The cash position at the year-end 2011 was €63 mm which allows the Company to carry out its planned exploration and appraisal activities for the next 18 months.

o However, unlocking the full upside within the Company is likely to require additional technical and financial resources.

· The Board believes that the value of the Company, its skills and its future opportunities are not fully reflected in the current share price.

· The Board has therefore appointed Greenhill & Co to review the Company's strategic options.

· This review will assess a wide range of options for the Company including the sale of assets, or the merger or sale of the Company.

· The Company will provide further updates in due course.

John Conlin, Chairman commented:

"The Board remains committed to maximise value for shareholders. The Board's decision to explore strategic options is, we believe, the best way to achieve this goal. The business review has shown that Siekierki remains an attractive gas resource project and that our exploration portfolio has material upside.

"Aurelian has created an attractive platform in Central Europe comprising a diversified portfolio of operated exploration and appraisal licences which is very difficult to replicate. We also have strong working relationships and in-country operating experience which will have strategic attraction to many parties."



Rowen Bainbridge, CEO commented:

"The insight that we have gained on Siekierki is an important step forward. We now know a lot more about this project and have a more precise and phased appraisal plan to capture its value. This understanding could only have come from the appraisal programme the Company executed over the past two years. The Company is a pioneer in unconventional gas in Poland and our experience is consistent with that of our peers, in that tight gas and shale plays take time to unlock. The strategic hypothesis of unlocking value through technology in oil and gas exploration and production in an energy-hungry part of the world remains intact."

http://www.moneyam.com/action/news/showArticle?id=4302233RNS

RNS Number : 6686W
Oriel Securities Limited
02 February 2012

FORM 8.5 (EPT/NON-RI)



PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

http://www.moneyam.com/action/news/showArticle?id=4306703

RNS

http://www.moneyam.com/action/news/showArticle?id=4310001

up 20 % today .... ;- ))

up 9 % to day too in nice profit now :- )))))

It was time for profit taking for me at 24.50p

my statement earlier on somewhere else ..........
Profit taking going on after the sharp rise during the last couple days, was a bit weaker earlier on, but recovered to go higher, but now it seems is on the way down as order book got very weak 785K v 1.4M

Intraday High of 25p earlier, plenty of profit taking on the oils sector today

Glad I did sell it finished 21p bid

allways sell on a good spike is the thing, 3 days of good rise, it did not happen for ages.

AYE ITS BEEN A WHILE ;- )

30 April 2012



Aurelian Oil & Gas PLC



("Aurelian" or "the Company")



Operational Update



Aurelian, the European focused E&P Company, is pleased to provide the following operational update.



· Sosna-1 spud 29 April 2012



o The Company's first exploration well in the Zechstein 'reef' oil play in the Torzym concession, Central Lowlands of Poland, was spud on 29 April with Nafta Pila Rig 7 (F-200);

o Targeting 35 mmbbls gross STOIIP, 3.1 mmbbls net recoverable to Aurelian;

o The well is planned for a total depth of 2500m and is expected to take approximately 50 days to drill with a cost €2.4 million net to Aurelian;

o Success on Sosna-1 would de-risk additional prospect & lead inventory currently mapped within the 220km2 Cybinka-Torzym 3D seismic survey carried out in 2010.



· Cybinka-Torzym Surface Geochemistry

o Fieldwork for the first phase of surface geochemical sampling on the Cybinka and Torzym concessions to detect micro-seepages of hydrocarbons over mapped prospects and leads is now complete and samples are being analysed.



· Award of New Concession in our Polish Permian Basin Core Area

o Awarded 100% of the "Kotlarka" concession in central Poland in the Southern Permian Basin, covering an area of 212.58km2;

o Work programme consists of studies in Year 1 and 50km 2D seismic acquisition in Years 2-3;

o Kotlarka is adjacent to the 500 BCF Bogdaj-Uciechow gas field and is prospective for the Rotliegendes and Zechstein plays.



· Brodina licence additional equity

o As previously advised, Europa Oil & Gas ("Europa") has withdrawn from the EIII-1 Brodina licence in Romania. Aurelian has agreed with continuing partner Romgaz to split the former Europa equity in order to move forward as a 50% Aurelian, 50% Romgaz Joint Venture, subject to NAMR (the Romanian regulator) approval. Under this agreement, Aurelian increases its equity share by 16.25% and Romgaz by 12.5%;

o The work programme for Years 1 and 2 of the extension on the Initial Exploration period has been fully completed, and Years 3 and 4 have now been entered with a reduced work program consisting of one well, 150km 2D seismic, geochemical sampling and passive geophysical surveying. The geological and geophysical surveys are currently being tendered and are expected to commence in Q2 2012.




John Smallwood, Exploration Director, commented;



"We are pleased to be demonstrating our operating capability with our first well to be fully managed internally, through our team in Krakow, and we look forward to results from the Sosna-1 wildcat exploration well in early July. The award of the Kotlarka concession and the increased interest in Brodina continue to demonstrate our active portfolio management process as well as our ability to secure acreage in this competitive arena."



Interests in Cybinka and Torzym are Aurelian Oil and Gas Poland Sp. z o.o. (45%) (Operator), S.N.G.N Romgaz S.A. (30%), and Sceptre Oil and Gas Limited (25%)



Interest in the new Kotlarka concession is Aurelian Oil and Gas Poland Sp. z o.o. (100%) (Operator)



Interests in the EIII-1 Brodina Concession Area were previously Aurelian Petroleum SRL (33.75%) (Operator), S.N.G.N. Romgaz S.A. (37.50%) and Europa Oil & Gas SRL (28.75%). The new interests will be Aurelian Petroleum SRL (50%) (Operator), S.N.G.N. Romgaz S.A. (50%), subject to NAMR approval.