Aurora Oil & Gas Limited is an Australian Stock Exchange listed company (ASX: AUT) focussed on oil and gas exploration and production in North America that commenced its operations in early 2005. The plan for the development of the Company’s oil and gas interests is focussed on the US where large markets and existing infrastructure provides the opportunity for attractive economic returns. Since commencing operations Aurora has established a valuable asset base of US oil and gas interests that includes exploration, development and production. The background to and status of these assets is outlined herein. 2010 is expected to represent a significant year of value creation for Aurora from activities that will include drilling, testing, production and land acquisition across our portfolio. The Company is well funded for its existing activities and is well positioned to pursue new oil and gas opportunities.
Videos
May,2011 09:40 AM
Aurora Oil & Gas Limited (ASX:..
17 May 2011 –Executive Chairman, Jon Stewart provides an update on its expanded acreage in the Eagle Ford Shale, production schedules for 2011 and explains it's listing on the TSE and its share register.
Aurora Oil & Gas (ASX:AUT)
Company Directors
Ms Fiona Harris (Non Exec. Director)
Mr Graham Dowland (Non Exec. Director)
Mr Gren Schoch (Non Exec. Director)
Mr Ian Lusted (Director)
Mr Jonathan Stewart (Exec. Chairman)
Mr Michael Blakiston (Non Exec. Director)
Contact Information
Phone: +61 8 9440 2626
Website:

Address
Level 20, 77 St Georges Terrace, Perth, WA, Australia, 6000
Media Releases
Aurora Oil & Gas Ltd, Investor Presentation February 2012
09 Feb,2012 12:17 PM

Company Overview

Aurora, founded in 2005, is a Perth, Australia based exploration and production company with its operational office in Houston, Texas

The Company is listed on both the ASX and the TSX
— Solely focused on the liquids rich region of the Eagle Ford Shale in Texas
— Key asset is approx. 16,350 net acres in the Sugarkane field

Active drilling program for 2012, planning to spud 158 gross wells, taking the total at year-end to 245
— As at year end, 2011 - 71 gross wells on production, 4 wells on production testing, 8 wells waiting on or being stimulated and 6 wells being drilled
— December 2011 production ~4,807 boe/d, pre-royalties (~3,530 boe/d post-royalties) - 83% liquids
— Aurora production to increase to a run-rate of ~18,000 boe/d pre-royalties by year-end 2012E (~14,000 boe/d post-royalties

~400% increase in certified 1P and ~167% increase in certified 2P reserves since December 2010 and expected to increase rapidly through continued drilling
— 1P reserves of ~73 mmboe pre-royalties (~54 mmboe post-royalties), 74% liquids
— 2P reserves of ~80 mmboe pre-royalties (~59 mmboe post-royalties), 75% liquids

Sugarkane Field offers scalable, low risk, profitable growth
— Uniform, continuous and predictable shale across the play
— Experienced operator in Marathon significantly aligned with Aurora on development

Aurora is fully funded for Sugarkane development plan including further acceleration.


To view full Presentation please download PDF below: