PERTH, Western Australia, May 14, 2014 /CNW/ - Further to Aurora Oil &
Gas Limited's ("Aurora") (ASX:AUT, TSX:AEF) recent announcement that Baytex Energy Corp. ("Baytex") has increased to AU$4.20 per share the price it is offering to all
Aurora shareholders under the scheme of arrangement under which it
proposes to acquire, through its wholly owned subsidiary Baytex Energy
Australia Pty Ltd ("Baytex Australia"), all of the shares in Aurora (the "Scheme").
The following documents will be filed on SEDAR and will be available for
review at www.sedar.com and on Aurora's website at www.auroraoag.com.au;
a revised notice of meeting for the Scheme meeting in respect of the
increased offer; and
a letter to shareholders providing information relevant to the increased
offer and the Scheme generally.
Copies of the revised notice and letter will be sent to registered
Aurora notes that ASIC has reviewed the supplementary materials and has
confirmed that they do not object to them. Aurora also notes that the
Court this morning has made orders that the Scheme meeting should
proceed in accordance with the revised notice of meeting that will be
filed with SEDAR, the Court's orders of 14 April 2014 and the Court's
orders of today. The Court has also ordered that valid proxy forms for
the Scheme meeting that have been lodged by any Aurora Shareholder are
deemed still to be valid unless revoked, and members who vote or who
have voted in favour of the Scheme are deemed to have voted in favour
of the two resolutions in the revised notice of meeting.
Aurora information line
Shareholders can contact the Aurora information line for further
information relating to the Scheme on 1800 095 654 (within Australia)
or +61 2 8767 1004 (outside Australia) Monday to Friday between 6.30am
and 5.30pm (Perth time).
If shareholders have questions regarding the number of shares they hold
or how to vote, please contact Aurora's share registry on 1300 455 198
(within Australia) or +61 3 9415 4163 (outside Australia) Monday to
Friday between 6.30am and 5.00pm (Perth time).
Aurora is an Australian and Toronto listed oil and gas company active in
the over-pressured liquids rich region of the Eagle Ford shale in
Texas, United States. Aurora is engaged in the development and
production of oil, condensate and natural gas in Karnes, Live Oak and
Atascosa counties in South Texas. Aurora participates in approximately
80,200 highly contiguous gross acres in the heart of the trend,
including approximately 22,200 net acres within the Sugarkane Field in
the over-pressured and liquids core of the Eagle Ford.
SOURCE: Aurora Oil & Gas Limited
For further information:
+61 8 9380 2700
+61 8 9485 8888
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 firstname.lastname@example.org
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