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Aurora reports significant increase in debt availability agreed


Published Aug 17, 2012
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Aurora Oil & Gas Corporation signs letter of intent to acquire oilfield services company-Spotlight

Aurora Oil & Gas Limited and its subsidiaries have agreed with its existing banking syndicate an increase in the amount available under its US$300 million senior secured revolving credit facility (the "Facility").

Available funds for draw down under the Facility will be increased to US$150 million from the US$85 million determined in the first quarter of 2012.

Tags: Aurora Oil & Gas Corporation




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