Aurora joins S&P/ASX 100

Company News

Aurora Oil & Gas Limited (ASX:AUT) will join the S&P/ASX 100 index effective from June 15.

Aurora’s chief says the inclusion in the index “reflects the successful transition from exploration success to a rapidly growing international oil and gas producer.”

Aurora has been focused on its takeover efforts of Eureka Energy Limited (ASX:EKA) which it hopes will build its Eagle Ford portfolio.

Aurora is a 4.38 per cent shareholder in Eureka.

In the first half of the 2012 financial year, Aurora Oil & Gas generated a net profit of $30.1 million.

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