Aurora Oil & Gas Limited is an Australian Stock Exchange listed company (ASX: AUT) focussed on oil and gas exploration and production in North America that commenced its operations in early 2005.

The initial plan for the development of the Company’s oil and gas interests is focussed on the US where large markets and existing infrastructure provides the opportunity for attractive economic returns. We consider that the US oil and gas opportunities for our company are significant and we continue to review many prospects.

Since commencing operations Aurora has established a significant portfolio of US oil and gas interests that includes exploration, development and production. The background to and status of these projects is outlined herein.

2008 is expected to represent a significant year of value creation for Aurora from activities that will include drilling, testing, production and land acquisition across our portfolio.

The Company is well funded for its existing activities and is well positioned to pursue new oil and gas opportunities.

Further information regarding all aspects of oil and natural gas including formation, storage, uses, consumption plus a range of other data can be found at Energy Basics 101 which is part of the US Energy Information Administration web site.