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Poland: Poznan East tight gas license extended

Poland’s Ministry of Environment has extended by 3 years the license on Block 208 at Poznan East in Poland for a geological work program of 150 line-km of 2D seismic, said Aurelian Oil & Gas PLC.

The Block 208 expiration of Feb. 12, 2015, is now in line with that of adjacent Block 207, site of Siekierki gas field and the recent Krzesinki-1 gas discovery.

Block 208 is prospective for Rotliegendes and Zechstein opportunities and is also adjacent to the Polish Oil & Gas Co.-operated “Fences” concessions. In 2011 Aurelian shot 200 line-km of 2D seismic on Block 208 that it is now interpreting.

Poznan East is 100% held by Energia Zachod Sp. z.o.o., a company owned 90% by Aurelian and 10% by Avobone Poland BV.


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