Aurora Oil & Gas Limited announce an increase in its anticipated well count for 2013, with 45-50 net wells expected to spud on its Eagle Ford assets, representing a 25-30% increase over the 4th quarter 2012 guidance.

This comprises 30 - 32 net wells expected to spud on Aurora's non-operated Sugarkane acreage and 14-19 net wells on Aurora's soon to be acquired operated acreage, which is to be brought into the Sugarkane asset portfolio (1).

Aurora's forecast of between 14 -19 net wells being spud on its operated Eagle Ford acreage is based on one rig commencing in mid-2013 and a second rig being added shortly thereafter. Well locations will be determined by Aurora on an ongoing basis and management will consider adding a third rig prior to year end.

Tags: Aurora Oil & Gas Corporation