The sale includes approximately 1,657 net acres with 14 gross wells, 12 of which produce approximately 400 net mcfe of natural gas per day. Total net proven reserves have been estimated at 1.464 bcfe of natural gas. “This sale illustrates our desire to concentrate our resources on those areas that provide growth opportunity,” said William W. Deneau, Aurora’s president. “The Louisiana property was a Cadence Resources legacy asset and determined to be a non-integral part of the Aurora story.”
Aurora Oil & Gas Corp. is an independent energy company focused on unconventional natural gas exploration, acquisition, development, and production with its main operations in the Michigan Antrim Shale and New Albany Shale and Indiana and western Kentucky.
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