Aurora Oil & Gas Limited is an Australian Stock Exchange and Toronto Stock Exchange listed company focused on oil and gas production in Texas, North America. Aurora now participates in approximately 80,000 gross acres in the core of the Eagle Ford Shale including over 22,000 net acres within the liquid rich zones of the trend.
Following the farmin by Hilcorp Energy in late 2009, 2010 and 2011 proved to be a period of significant value creation for Aurora as drilling and production continued across our Eagle Ford Shale portfolio. In 2011, we welcomed our new operating partner, Marathon Oil Corporation.
In March ...
Aurora Oil & Gas Limited is an Australian Stock Exchange and Toronto Stock Exchange listed company focused on oil and gas production in Texas, North America. Aurora now participates in approximately 80,000 gross acres in the core of the Eagle Ford Shale including over 22,000 net acres within the liquid rich zones of the trend.
Following the farmin by Hilcorp Energy in late 2009, 2010 and 2011 proved to be a period of significant value creation for Aurora as drilling and production continued across our Eagle Ford Shale portfolio. In 2011, we welcomed our new operating partner, Marathon Oil Corporation.
In March 2013, we acquired 100% and operatorship of 2,800 net acres adjacent to our existing acreage position and began operations in the second quarter of 2013.
We now have over 380 wells producing on our acreage and as we continue to drill on our acreage we expect to see further increases in production and reserves. Our substantial drilling inventory means we have many years of productive drilling ahead of us.
The Company, is very well funded for its existing activities and is well positioned to pursue opportunities that exist with the Eagle Ford Shale to increase its acreage portfolio.
-
Number of Employees:
100-250
-
Annual Revenue:
$50-100 Million