Aurelian Gas&Oil reveals promising results at Lilieci 1 well of Bacau

Aurelian Gas&Oil Plc on Thursday announced that the result sof its tests conducted at the Lilieci1 well of Bacu County, indicate that the well has economic potentials, according to Reuters. Shares in Aurleian Gas&Oil PLc rose 3.3 percent on the announcement.'Lilieci-1 is our third successive successful well in Romania, following Fratauti-2 and Vicsani-1 in the Brodina EIII-1 concession. The flow rates and net pay on test indicate that we can expect to develop it as a commercial discovery,' ...

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