Aurelian shares fall on un-commercial well

Aurelian Oil and Gas saw its share price fall after reporting that the topmost section of the Horodnic-1 appraisal well is likely to be un-commercial.

Aurelian Oil and Gas saw its share price fall after reporting that the topmost section of the Horodnic-1 appraisal well is likely to be un-commercial.

The well, which has reached a total depth of 1,660 metres, had elevated gas readings which were restricted to the topmost section, which indicates that the interval is likely to be un-commercial.

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