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

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."