09:49 AM EST - Aurora Oil & Gas Limited : advised that the Houston based independent reserves evaluation team at Netherland, Sewell & Associates, Inc. has completed an update to the reserves estimate for Aurora's interests in the Sugarkane Field with an effective date of December 31, 2010. The following reserve allocations have been made by NSAI: Total proved (1P) reserves - 6,287,000 bbls of crude oil condensate, 26.5 Bcf of natural gas net to Aurora and NPV $242.3 million U.S. Total proved plus probable (2P) reserves were 12,479,000 bbls of crude oil condensate, 57.7 Bcf of natural gas net to Aurora and NPV $441.5 million U.S. Aurora Oil & Gas Limited
shares T.AEF are trading down $0.03 at $2.97.
