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Epic & Msn data
Epic AUL
Time: 16:35:01
Mid Price: 36.25
Change Today: -0.50 Descending
Change % Today: -1.36 Descending
Fifty Two Week High: 40.50
Fifty Two Week Low: 11.50
Market Capital: 123.07
Period & price data
Period Price
Now: 36.25
3 Months ago:
6 Months ago:
1 Year ago:
Additional information
Additional Information
Market: AIM
Sector: Energy
Epic: AUL
News: Latest news
Web Site: Aurelian Oil & Gas
Other Articles: 15-03-201024-02-201027-01-2010

Crude Oil

Aurelian Oil & Gas

Aurelian Oil & Gas PLC, was founded in December 2002, by Managing Director, Michael Seymour and is focused on the re-emerging Central and Eastern European oil and gas markets, the oldest producing oil province in the world.  

The Company has developed a diversified portfolio throughout the region. Currently Aurelian has a wide portfolio of concessions in Poland (18), Slovakia (3), Romania (4) and Bulgaria (2), and a range of production, appraisal and exploration projects.

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Tuesday, December 01, 2009

Aurelian Oil & Gas responds to speculation in Financial Times regarding ‘large gas find’

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Aurelian Oil & Gas (AIM: AUL) the Eastern European focused oil and gas exploration and production junior, responded to a snippet in the Financial Times this morning suggesting the company “could soon announce a large gas find”.


Aurelian confirmed that a new competent persons report (“CPR”) prepared by Gaffney Cline & Associates was nearly complete, and that the CPR would include an upgrade in estimates of the contingent resources at its flagship asset, the Siekierki Gas Project in Poland.  The CPR would also include resource upgrades “across its wider portfolio”.


Aurelian recently outlined a revised strategy going forward following the September management reshuffle which saw the appointment of Rowen Bainbridge as CEO and Mark Reid as CFO.  Going forward, Aurelian has a two-pronged approach – to focus on the Rotliegendes and Zechstein plays in Central and Western Poland, and to focus on the Carpathian Thrust Fold belt in Southern Poland, Slovakia and Western Romania.


In October, Aurelian announced that it had - through its 90 percent owned subsidiary Energia Zachod - entered into an agreement with Kulczyk Investments for the sale of gas produced from the Siekierki field, for gas produced from test wells during an initial 6-month period and a subsequent fully-termed agreement which will run for an initial 10 years.

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