Aurora's History
-
2005
April 2005
The Company commenced trading as Aurora Oil and Gas on the ASX in April 2005
April 2005
Aurora commenced exploration and production in North America
$0.35
-
2006
August 2006
The Company commenced drilling at Sugarloaf in Karnes County, Texas in August 2006. Sugarloaf lies about 20 km south of the main Texas Austin Chalk trend and within what is now the Eagle Ford Shale play
Late 2006
By late 2006 the Company had actively increased its leverage to the Sugarloaf Project, as well as the adjacent Ipanema and Longhorn Projects all within Karnes County.
$0.73
-
2007
Early 2007
Early 2007 saw a focus on land acquisition around its Austin Chalk Eagle Ford discovery.
2007
Throughout 2007 Aurora's focus was on leasing and appraisal drilling at its Sugarloaf project
August 2007
In August 2007 Aurora placed 20 million shares at $0.53 with sophisticated investors to raise $10.6 million before costs for its Karnes County acreage
-
2008
2008
In 2008 the Company engaged in an active drilling program on its Sugarloaf acreage within the Sugarkane Gas and Condensate Field
-
2009
March 2009
A back to back drilling program commenced in March 2009 to further appraise the Company's acreage with 4 new wells at Sugarloaf
2009
The "Eagleford" prospectivity over the Company's acreage became extremely significant in 2009
September 2009
Aurora successfully farmed out to Hilcorp Energy Corporation, the 4th largest E&P Company in the US, in September 2009. The objective of this farmout was the delivery of a portfolio of producing wells across its acreage.
-
2010
2010
Throughout 2010 Hilcorps farmin drilling program was undertaken with outstanding results leading to commencement of full development across all 3 AMI's within the discovery area in the fourth quarter.
September 2010
In September 2010 Aurora was added to the ASX 300 Index in December 2010 as a result of growth in the Company's market capitalisation and share market liquidity
$1.48
December 2010
In December 2010 Aurora completed a US$120 million acquisition of additional working interests from a long term partner within the Sugarkane Field. This generated a 48% increase in 3P reserves.
$2.16
December 2010
Aurora was included in the S&P/ASX200 Index in December 2010
-
2011
February 2011
In February 2011 Aurora listed on the Toronto Stock Exchnage (TSX: AEF)
$3.32
2011
Aurora continues to successfully conduct a fully funded drilling program in 2011
$3.65
September 2011
Current net production in September 2011 is approx 3,000 boe per day after royalties
-
2012
2012
There are approx. 200 rigs now operating across the trend with a continued significant ramp-up of development activities planned for the 2012