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
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. '