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Article: Aurora Oil & Gas Corporation Announces Farmout of New Albany Shale Acreage.
- Article from:
- PR Newswire
- Article date:
- October 30, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TRAVERSE CITY, Mich., Oct. 30 /PRNewswire-FirstCall/ -- Aurora Oil & Gas Corporation today reported that it has recently "farmed out" its 64.43% interest in the Wabash Project to Atlas Energy Indiana, LLC ("Atlas"), a subsidiary of Atlas Energy Resources, LLC .
The Wabash Project is a 121,702 gross acre New Albany shale project located in the Indiana counties of Clay, Greene, Owen, and Sullivan. To date, Aurora has been the majority owner and has served as operator. Aurora has 13 wells drilled in the Wabash project area, all of which may be considered productive, though all are currently shut-in awaiting pipeline infrastructure and processing facilities.
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