Proactive investorsLogo Proactive Investors UK Website

Search field

1 year chart

digital-look imported chart image

1 day chart

digital-look imported chart image
Epic & Msn data
Epic AUL
Time: 16:28:41
Mid Price: 37.00
Change Today: 0.00
Change % Today: 0.00
Fifty Two Week High: 40.50
Fifty Two Week Low: 11.50
Market Capital: 125.61
Period & price data
Period Price
Now: 37.00
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.

CLICK HERE FOR FULL ANLAYSIS OF AURELIAN OIL & GAS
Thursday, July 02, 2009

Aurelian Oil seeks new partner for Siekierki in Poland after Canamens exit finalised

company news image

Aurelian Oil & Gas PLC (AIM: AUL) said its immediate priority is to find a new farm-in partner for its Siekierki project in the Poznan region of Poland, after the exit of its current partner was finalises today.

It announced in May that its 40 percent farm-in partner Canamens Ltd planned to withdraw from Siekierki following a "strategic review of its priorities", and cited Canamens as saying the  withdrawal should not be viewed as an indication of any change in its view of the project's potential.

Under the terms of the deal, Aurelian will buy back Canamens’ 40 percent interest in its Polish unit Energia Zachod for €8,870, giving Aurelian a 90 percent stake in EZ. Canamens will also waive its right to repayment of loans of approximately €400,000 made to Aurelian Group companies and make a contribution toward committed project expenses of US$500,000.

The company is currently actively involved in discussions with potential partners which it expects to conclude this summer, it added.

NewsNow icon AddThis Feed Button
Register here to be notified of future Aurelian Oil & Gas articles.

Other Aurelian Oil & Gas articles

More articles ►

Other Aurelian Oil & Gas news

More news ►

Investors interested in Aurelian Oil & Gas recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.