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. The operator is ahead of target to complete the planned 60 well drilling program in 2011 with further acceleration of the development program anticipated during 2012.
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