July 26, 2014 11:42 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Aurelian Oil and Gas Plc

Company Overview

Aurelian Oil & Gas PLC engages in the evaluation, exploration, appraisal, development, and production of oil and gas properties in central Europe. The company holds a portfolio of licensed blocks in Poland, Slovakia, Romania, and Bulgaria. It primarily focuses on the Rotliegendes and Zechstein plays in central and western Poland; and the Carpathian Thrust Fold Belt in southern Poland, Slovakia, and central Romania. The company was founded in 2002 and is headquartered in London, the United Kingdom. As of January 25, 2013, Aurelian Oil and Gas Plc operates as a subsidiary of San Leon Energy Plc.

4 Grosvenor Place

4th Floor

London,  SW1X 7HJ

United Kingdom

Founded in 2002

49 Employees

Phone:

44 20 7245 4999

Fax:

44 20 7245 4998

Key Executives for Aurelian Oil and Gas Plc

Chief Executive Officer
Age: 47
Finance Director
Age: 70
Operations Director and Member of Executive Committee
Age: 40
General Counsel and Company Secretary
Age: 44
Interim Director of Human Resources
Age: 67
Compensation as of Fiscal Year 2014.

Aurelian Oil and Gas Plc Key Developments

Aurelian Oil and Gas Plc, San Leon Energy Plc - M&A Call

To consider recommended merger of San Leon Energy plc and Aurelian Oil & Gas plc

Aurelian Oil and Gas Plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2012

Aurelian Oil and Gas Plc reported unaudited consolidated earnings results for the six months ended June 30, 2012. For the period, the company reported operating loss of €4,988,000 compared to €2,918,000 a year ago. Loss before tax was €4,530,000 compared to €2,463,000 a year ago. Loss from continuing operations was €4,530,000 or 0.92 cents loss per basic and diluted share compared to €2,463,000 or 0.50 cents loss per basic and diluted share a year ago. Loss attributable to owners of the parent was €4,530,000 compared to €3,750,000 a year ago. Total basic and diluted loss per 5p ordinary share was 0.92 cents compared to 0.76 cents a year ago. Net cash used in generated from operating activities was €2,320,000 compared to €3,671,000 a year ago. Purchase of property, plant and equipment was €56,000 compared to €650,000 a year ago. Purchase of intangible non-current assets was €9,980,000 compared to €23,286,000 a year ago. For the first 6 months of 2012 the company generated loss from continuing operations and the increase of €2,067,000 related mainly to the €1,401,000 costs incurred in relation to the trategic options review and the increase in exploration expense to €982,000 reflecting the cost of the Competent Persons Report, write-offs related to the relinquished Cuejdiu and Golitza blocks, pre-licence costs and sundry non project related G&G costs.

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