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Aurelian Oil & Gas (AUL)     

smiler o - 20 Jul 2007 14:06

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.


Chart.aspx?Provider=EODIntra&Code=AUL&SiChart.aspx?Provider=EODIntra&Code=AUL&SiName 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



gibby - 17 Sep 2011 14:30 - 99 of 141

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

gibby - 19 Sep 2011 09:21 - 100 of 141

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

gibby - 19 Sep 2011 10:35 - 101 of 141

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!

gibby - 19 Sep 2011 10:36 - 102 of 141

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

gibby - 20 Sep 2011 13:33 - 103 of 141

steady as she goes!!

machoman - 21 Sep 2011 10:46 - 104 of 141

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

machoman - 21 Sep 2011 15:06 - 105 of 141

Is on the move up since earlier mention now 18.125p

p.php?pid=staticchart&s=L%5EAUL&width=50

gibby - 27 Sep 2011 08:11 - 106 of 141

excellent rns!

machoman - 27 Sep 2011 09:57 - 107 of 141

19 +1p

Holding(s) in Company
Toscafund Asset Management LLP

The situation previous to the triggering transaction was a direct holding of 59,887,380 ordinary shares and voting rights over 59,887,380.

The situation after the triggering transactions was an indirect holding of 64,285,099 ordinary shares in Aurelian and voting rights over 64,285,099 ordinary shares (representing the same number of indirect voting rights) and an indirect holding of 14,204,659 held under financial instruments with similar economic effect to qualifying financial instruments.

As a result, the Notification relates to in aggregate 78,489,758 voting rights or 15.88% of the Company's total voting rights.

gibby - 28 Sep 2011 11:11 - 108 of 141

need i say it - kerrrrrrrrrrrrrrrrrchinnnnnnnnnnnnnnnnnngggggggggggggggggggggggggg

easy cash!

gibby - 28 Sep 2011 14:24 - 109 of 141

s :-))))))))))))))

machoman - 28 Sep 2011 16:11 - 110 of 141

Provided it finishes above 20p then next step will be time to fill the GAP up to 44p

Chart.aspx?Provider=EODIntra&Code=AUL&Si

gibby - 28 Sep 2011 21:29 - 111 of 141

only a small gap then!!! steady as she goes - suits me

dreamcatcher - 28 Sep 2011 21:30 - 112 of 141

Nice rise, 5% each day lovely jubbly.

gibby - 28 Sep 2011 21:51 - 113 of 141

oh yes - sweet - soft bounce happened as expected and continues plus there is more news on the horizon - whilst waiting for rmp and a few others shares like this very useful!!

gibby - 30 Sep 2011 21:24 - 114 of 141

an ok rns today coupled with friday profit taking - not bad

machoman - 13 Oct 2011 21:37 - 115 of 141

Law Daily, a paper in Poland, does reveal the gist of the report by National Geological Institute.

It states that some shale rock formations do carry not only gas but an oil fit for extraction on industrial scale.

One of the regions so blessed with this resource is a Carpathians, area of Aurelian's interest, I believe. Geologists predict that ultimately this shale oil, extracted exactly in the same way that gas is, would provide ca 1/3 needs of Poland- so juicy prospects for us, with the market hungry for our oil on the doorstep of AUL facility over there.


http://gospodarka.gazeta.pl/gospodarka/1,33181,10461509,_DGP___Roponosne_lupki_na_Pomorzu_i_Podkarpaciu.html

gibby - 14 Oct 2011 21:31 - 116 of 141

good stuff macho - i am comfortable here - news should not be far off now - looking fwd to next week & beyond

gibby - 01 Nov 2011 20:33 - 117 of 141

good to see this one picking up as it should despite the greeks!

machoman - 01 Nov 2011 22:32 - 118 of 141

34M shares traded and has today managed to get over the 20p so here we go
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