Aurelian, the European focused E&P Company, is pleased to announce that it has been awarded two new licences by the Ministry of Environment in Poland.

■Award of New Concession in our Polish Carpathians Core Area

I. Awarded 100% of the "Wetlina" concession in south-eastern part of Polish Carpathians, covering an area of 446km2;

II. Close to Aurelian's highly prospective Bieszczady concession in Poland, where the Company is currently testing the Niebieszczany-1 well, and adjacent to Aurelian's Snina concession on the Slovakian side of the border;

III. Undeveloped Wetlina gas discovery is within concession and two further structures identified with potential in-place resource estimated at 40 BCF and 25 MMBBL; and

IV. Work programme consists of studies in Year 1 and 14.3km 2D seismic acquisition in Years 2-3

■Award of New Concession in our Polish Permian Basin Core Area

I. Awarded 100% of the "Prusice" concession in central Poland in the South Permian Basin, covering areas of 758km2; and II. "Prusice" concession, adjacent to San Leon's Winsko licence, is believed to be prospective for the emerging Carboniferous Shale gas play. III. Work programme consists of studies in Year 1 and 100km 2D seismic acquisition in Years 2-3.

Tags: Aurelian Oil & Gas PLC