UK’s Aurelian Oil&Gas Prepares To Test Gas Well in Romania, Prelim Results Show No Hydrocarbons

Geologically, the well came in on prognosis. The primary Badenian sand objective however was non-hydrocarbon bearing, as were the underlying Albian sands. Gas shows were encountered in two intervals of Sarmatian sands above the Badenian and the interval from 1,653 to 1,672 metres will be tested, the company said in a statement.

“The absence of hydrocarbons in the main objective was disappointing, but the shows in the Sarmatian are encouraging and we will report on the results of the testing in due course. The full results from the well will need to be carefully studied to enable us to understand the implications for the remaining potential of the trend,” Aurelian Oil&Gas CEO Rowen Bainbridge said in the statement.

Aurelian Oil&Gas holds a 33.75% stake in the Voitinel-1 well, Romania’s state-owned gas producer Romgaz owns 37.5% and Europa Oil & Gas holds 28.75%.

Aurelian Oil&Gas, formerly Falcon Oil&Gas Limited, was founded in 2002 to explore for, appraise, develop and produce oil and natural gas. Its activities are focused entirely in central and eastern Europe. It has 14 projects in Poland, four in Romania, three in Slovakia, and two in Bulgaria.