Aurelian Oil and Gas PLC announced on behalf of its Polish subsidiary, Energia Zachod Sp. z o.o., that it has been awarded the Poznan Polnok (Poznan North) exploration concession by the State Treasury of Poland. The concession area mainly lies within the northern and eastern suburbs of the City of Poznan.
Poznan Polnok is adjacent and to the west of the Poznan Wschod (Poznan East) concession, where Aurelian drilled the successful Trzek-1 gas well in 2007. The award of the concession will enable the evaluation of the probable westward extension under Poznan City of the Siekierki structural trend on which Trzek-1 was drilled.
Energia Zachod Sp. z o.o. is owned 90% by Aurelian and 10% by Avobone Poland B.V.
"Poznan Polnok is an important addition to our Siekierki project," said Michael Seymour, Managing Director of Aurelian. "The 3-D seismic coverage, recently acquired and now being processed, will provide important technical information about the Poznan Polnoc area and we believe additional gas resources can and will be produced from here.
"Over the forthcoming months, such coverage as it has been possible to obtain over the Poznan Polnok area in the 3D seismic survey will be evaluated and integrated with the existing interpretation of the Siekierki trend."
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