Aurelian Updates Activities in Poland

Aurelian Oil & Gas plc., has provided an update on its activities in Poland.

Bieszczady

PGNiG (as operator) and the Bieszczady partner group have decided end drilling ends at Niebieszczany-1, the first of a three well programme in Bieszczady, due to high pressure in reservoir.

Drilling ended at 4,219m Two intervals totalling 60m of formation that has already produced oil, condensate and gas in earlier drill stem tests will now be put on flow test for up to 14 days.

A follow up well is planned for H1 2012, designed for high pressures enabling partners to reach original Niebieszczany-1 primary target areas containing up to 100 mmbbl (gross) of oil as well as potentially appraising the 60m test zone.

Siekierki

The second Siekierki Multi-Fracced Horizontal Well Trzek-3 fraccing operations are ongoing, with no material mechanical issues and within budget. A 14 - 21 day stabilised flow test expected to commence mid-August.

The First Siekierki South-West well, Krzesinki-1, is currently at 2,007m, with the target depth of 4,150m expected to be reached early Q4 2011. The company is targeting mid case of 44bcf net to Aurelian. The well is on trend with conventional producing fields and at present horizontal drilling and fraccing are not planned.

CEO Rowen Bainbridge said: "Whilst the primary targets on Niebieszczany-1 were not reached, we are encouraged that the operator, PGNiG, is about to commence the flow testing of 60 metres of formation that has already produced oil, condensate and gas in earlier short term tests."

"We look forward to the results of these flow tests and to better understand their implications for the design of the follow up well in 2012 and for the potential commercialisation strategy for Niebieszczany-1."