Corporate Overview
- High growth oil and gas producer with significant onshore acreage in the Eagle Ford Shale, the world’s premier shale region
- Aurora (ASX:AUT) is part of the S&P/ASX200 Index and listed in Canada (TSX: AEF)
- Strong balance sheet with significant cash reserves and no debt
- Over 90% of forecast revenue is from high value liquids
- Fully funded drilling program for 2011
– 40 wells drilled, 30 on production, a further 40 new wells planned by year end
– Conversion of majority 3P to 2P reserves within the current year
– Current net production approx 2,000 boe per day after royalties1
– Production rates set to increase to over 5,000 boe per day net by year end
- Strong growth potential via:
– Reserves and production growth within existing acreage
– Potential for acquisitions of additional acreage within the Eagle Ford shale
To view full Presentation please download PDF below:
