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Aurora Makes On-Market Cash Offer for Eagle Ford-Focused Eureka

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Highlights

Aurora launches unconditional A$0.45 cash per share on-market takeover offer for Eureka Offer price is at a significant premium of 36.4% to Eureka’s last trading price prior to announcement Offer values Eureka at approximately A$107 million The Offer has no conditions and is able to be accepted by selling on ASX immediately, allowing three trading days for receipt of cash  Offer provides Eureka shareholders significant benefits relative to the risks and uncertainties associated with Eureka’s asset portfolio

Aurora Oil and Gas Limited (ASX:AUT, TSX:AEF) (“Aurora”) announces an unconditional on-market cash offer of A$0.45 per share (“Offer”) for all issued ordinary shares of Eureka Energy Limited (ASX: EKA) (“Eureka”) that it does not already own. The…

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