Aurora Oil & Gas Limited - Court approves Scheme of Arrangement
PERTH, Western Australia, May 26, 2014 /CNW/ - Aurora Oil & Gas Limited (ASX:AUT, TSX:AEF) (Aurora) is pleased to announce that the Federal Court of Australia (Court) has today made orders approving the scheme of arrangement between Aurora and its shareholders under which Baytex Energy Corp. (Baytex) will acquire, through its wholly owned subsidiary Baytex Energy Australia Pty Ltd, all of the shares in Aurora (Scheme).
Aurora expects to lodge a copy of the Court's orders approving the Scheme with the Australian Securities and Investment Commission (ASIC) tomorrow (i.e. 27 May 2014), at which time the Scheme will become effective.
It is expected that trading in Aurora's shares on ASX will be suspended from close of trading tomorrow. Trading in Aurora's shares is expected to be suspended on the Toronto Stock Exchange immediately prior to the opening of trading on 27 May 2014 (Toronto time), to ensure suspension is effected concurrently on both exchanges.
SOURCE Aurora Oil & Gas LimitedFor further information:
Aurora Oil & Gas Ltd
Tel: +61 8 9380 2700
Tel: +61 8 9485 8888
Mob: +61 404 094 384
Level 1, 338 Barker Road, Subiaco, WA 6008, Australia
PO Box 20, Subiaco, WA 6904
T +61 8 9380 2700, f + 61 8 9380 2799, e email@example.com
Aurora USA Oil & Gas, Inc. a subsidiary of Aurora Oil & Gas Limited
1200 Smith Street, Suite 2300, Houston TX 77002-5500
T + 1 713 402 1920, f + 1 713 357 9674