Aurelian starts four-well drilling programme

Aurelian Oil and Gas PLC, on behalf of its wholly owned Romanian subsidiary, announces that it has spudded Fratauti-2 in its Brodina Concession in Romania. The well is the first of a four-well programme, which is anticipated to take some six months to complete.

Fratauti-2, and Vicsani-1 which will immediately follow it, are shallow wells targeted to test gas in Sarmatian sands in close proximity to the Bilca production facilities from where gas is already being produced. The interest in these wells is held by Aurelian 62.50% (Operator) and SNGN Romgaz S.A. 37.50%.

The focus will then move to the Bacau concession, where the Lilieci-1 well, scheduled for spudding on 1 August 2008, will evaluate the Sarmatian sands down to a depth of 2,900 metres at a location along structural trend to the large Roman-Secueni gas field where these horizons constitute the producing reservoir. Interests in the Bacau concession following the drilling of Lilieci-1 and the Farm-out to Romgaz (announced in our press release of 5 June 2008) will be Aurelian (Operator) 41.00%, Romgaz 40.00% and Europa Oil & Gas plc 19.00%

Source : http://www.aurelianoil.com/