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

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