Aurelian spuds, ends Romanian sale

Siekierki: The Krzesinki-1 well is the fourth to take place on the Siekierki tight gas project - the Trzek-2 well is pictured here.

AURELIAN OIL & GAS

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Andrew Hobbs

, Andrew Hobbs

 29 June 2011 08:10 GMT

London-based Aurelian Oil & Gas spudded its first Siekierki south-west well earlier this week as it finalised the sale of its non-core Romanian interests to Raffles Energy Netherlands.

The Krzesinki-1 well is expected to reach its target depth of 4150 metres early in the fourth quarter of 2011 and is targeting mid case net resources to Aurelian of 44 billion cubic feet with an upside case of 465 bcf

The forth well to be drilled in Aurelian’s greater Siekierki appraisal programme will test a structural high 6 kilometres south west of where the other Siekierki wells – Trzek-1, -2 and -3 had been drilled.

In an announcement, Aurelian said the well was on trend with a number of conventional producing fields…

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