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

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

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

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

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

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

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

Quite a lot going on with AUL at the moment.

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

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

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

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

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

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

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

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

Oilvoice

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

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

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

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

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

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

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

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

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

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

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

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

steady as she goes!!

ONE TO WATCH @ 17.625p

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

Is on the move up since earlier mention now 18.125p