Aurelian Oil & Gas has reportedly almost trebled its total prospective gas and oil resources.

The company’s total prospective gas resources have increased from 486 billion cubic feet (bcf) to 1,267 bcf, while its total prospective oil resources have increased from 105 million barrels to 385 million barrels.

An independent review by Gaffney, Cline & Associates also indicated an increase in total contingent gas resources from 138 bcf to 372 bcf, an increase of 270%.

The oil and gas business has increased Aurelian’s estimated value by 381% to $9.20 (5.64 pounds) per share.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData