Aurelian Oil & Gas discovers gas deposit at Climauti
Thursday, June 10, 2010
The oil and gas company Aurelian Oil & Gas PLC, with activities focused on Romania, Poland and Bulgaria, discovered a new gas deposit at the Climauti 1 well in the Suceava Block (north-eastern Romania), informs a press release.The company estimates that the reservoir should yield around 2 billion cubic feet of natural gas, which would increase the Company's production by approximately 18 percent over the next seven years, the reservoir's life span.'We are pleased that our ...