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

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The last operational update issued 23rd Dec 2010

Aurelian Oil & Gas PLC

Highlights

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

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

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

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

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

o Trzek-3 expected to spud early January.

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

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

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

Siekierki Gas Processing Facility continues to progress

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

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

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

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

Up 10% today :)

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

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

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

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

Ramper :-)

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

10 by Xmas Dil, fill yer boots!

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

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

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

Rampity ramp :)

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

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

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

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

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

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

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

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

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

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

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

Quite a lot going on with AUL at the moment.