Aurora Oil & Gas Limited ACN 008 787 988 has adopted comprehensive systems of control and accountability as the basis for the administration of corporate governance. These policies and procedures are summarised below. The Board of the Company is committed to administering the policies and procedures with openness and integrity, pursuing the true spirit of corporate governance commensurate with the Company's needs.

The Board and management are committed to corporate governance and, to the extent they are applicable to the Company, have adopted the Ten Essential Corporate Governance Principles and each of the Best Practice Recommendations as published by ASX Corporate Governance Council.

The following information is set out in the Corporate Governance document which can be found on this website (in the order corresponding with the ASX Principles and Recommendations):

• Statement of Board and Management Functions;
• Nomination Committee Charter;
• Policy and procedure for selection and appointment of new directors;
• Summary of code of conduct for directors and key executives;
• Summary of policy on securities trading;
• Audit Committee Charter;
• Policy and procedure for selection of external auditor and rotation of audit engagement partners;
• Summary of policy and procedure for compliance with continuous disclosure requirements;
• Summary of arrangements regarding communication with and participation of shareholders;
• Summary of Company's risk management policy and internal compliance and control system;
• Process for performance evaluation of the Board, Board committees, individual directors and key executives;
• Remuneration Committee Charter; and
• Corporate Code of Conduct.