Aurora Oil & Gas Limited ("Aurora" or "Company") is pleased to provide the following update to its independent reserves estimate for the Company's working interests in the Sugarkane Field with an effective date of August 31, 2011. The work has been completed by the Houston based evaluation team at Netherland, Sewell & Associates, Inc ("NSAI") at the request of the bank syndicate providing the recently announced $300m revolving reserve based debt facility.
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