Aurora Oil & Gas Limited - Scheme of Arrangement - Supplementary Materials

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 and on Aurora's website at;

  • 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 shareholders.
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).

About Aurora

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:

Jon Stewart
Executive Chairman
+61 8 9380 2700

Shaun Duffy
FTI Consulting
+61 8 9485 8888

Head Office
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

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

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Aurora Oil & Gas Limited

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