Corporate Overview
- High growth oil and gas producer with significant onshore acreage in the core of 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 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 royalties
–Production rates set to increase to over 5,000 boe per day net by year end
- Sugarkane field offers scalable, low risk, profitable growth
- Strong growth potential via:
–Reserves and production growth within existing acreage
–Potential for acquisitions of additional acreage within the Eagle Ford shale
To view Presentation please download PDF below:
