Aurora Oil & Gas Limited (“Aurora”) is pleased to provide the following update on operations and production at the Longhorn, Ipanema and Excelsior Areas of Mutual Interest (“AMI”) within the Sugarkane Gas & Condensate Field, Texas.
Across Aurora?s gross acreage position of 74,800 acres there are presently 4 drilling rigs and 2 full time fracture stimulation crews operating, with a temporary 3rd stimulation crew carrying out "HiWay" stimulations on 4 wells. The operator is ahead of target to complete the planned 60 well drilling program in 2011.
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