Aurelian hitting milestones

9th Sep 2010 17:10

Aurelian Oil & Gas, the Europe-focused oil and exploration company, said its exploration programme is still in line with the key milestones published in October 2009."Our key Polish projects at the Siekierki Tight Gas reservoir and the Bieszczady Carpathian oil prospect are both progressing well and we look forward to results from the Siekierki Trzek-2 well in Q4 of this year and from the first Bieszczady well in Q1 of next year," said Rowen Bainbridge, chief executive of Aurelian. "Our two well exploration programme in Bulgaria has also commenced and results of these wells will be available before the year end. Furthermore, the extensive seismic programme ongoing throughout our Central European portfolio will enable us to further develop and expand our prospect inventory," Bainbridge added. Aurelian Oil & Gas, the Europe-focused oil and exploration company, said its exploration programme is still in line with the key milestones published in October 2009."Our key Polish projects at the Siekierki Tight Gas reservoir and the Bieszczady Carpathian oil prospect are both progressing well and we look forward to results from the Siekierki Trzek-2 well in Q4 of this year and from the first Bieszczady well in Q1 of next year," said Rowen Bainbridge, chief executive of Aurelian. "Our two well exploration programme in Bulgaria has also commenced and results of these wells will be available before the year end. Furthermore, the extensive seismic programme ongoing throughout our Central European portfolio will enable us to further develop and expand our prospect inventory," Bainbridge added. The company said that at its Voitinel asset, jointly owned with Europa Oil and Gas, gas-in-place figures of up to more than 400 billion cubic feet have been confirmed with new well and test data. A new prospect has been identified to the west of Voitinel, Europa said.