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Aurora Goes In-Depth on Sugarkane Field Ops, Outlook

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Aurora Goes In-Depth on Sugarkane Field Ops, Outlook

Aurora Oil & Gas Ltd. has reported an update on corporate activities and the progress of the development program of its Eagle Ford assets in the Sugarkane field in South Texas, in accordance with ASX listing rules. Aurora's  audited annual results are expected to be issued at the end of February 2013 .

On a quarter on quarter basis Aurora is pleased to report: 32% increase in revenue. 35% increase in production volume. Further 10.5 new net wells put on production. 

Activities during the quarter ended December, 2012 have generated a number of corporate, operational and production highlights, which are summarized below:

Revenue from oil and gas sales was US$112 million for the quarter (US$83 million after royalties) of which 86 % were generated from oil and condensate sales and a further…
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