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AURORA OIL & GAS LIMITED

ASX: AUT

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Description

Delisted following the implementation of a scheme of arrangement whereby Baytex Energy Australia Pty Ltd acquired all of the shares in the company

Aurora Oil & Gas Limited is an Australian Stock Exchange listed (ASX: AUT) and Toronto Stock Exchange listed company (TSX: AEF) focussed on oil and gas exploration and production in North America. Aurora now participates in over 73,000 acres in the heart of the Eagle Ford Shale.

Aurora has established a valuable asset base within the Eagle Ford shale trend across the oil, wet gas, and dry gas ‘windows’.

Following the farmin by Hilcorp Energy in late 2009, the 2010 year proved to be a year of significant value creation for Aurora as drilling and production continued across our Eagle Ford Shale portfolio.

The program for 2011 consists of 60 wells and will see a substantial increase in production and reserves.

The Company, is well funded for its existing activities and is well positioned to pursue opportunities that exist with the Eagle Ford Shale to increase its acreage portfolio.

Mine For

oil, gas

Location of operation(s)

USA

Address

Level 20 , 77 St Georges Terrace
PERTH, WA, AUSTRALIA

Phone

(08) 9440 2626

Email

Website


Last Updated

26/04/2011

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.