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Aurora hits hot 100

AURORA OIL AND GAS will join Australia's top 100 companies by market value after the latest adjustment to the S&P/ASX 100. The company also announced a sharp rise in production at its wells, located in the same liquids-rich Eagle Ford region in Texas as BHP Billiton's shale assets. Aurora's executive chairman, Jonathan Stewart, said the inclusion in the ASX 100 reflected a successful transition from exploration success to a rapidly growing international oil and gas producer. The ASX 100 index ...
By · 8 Jun 2012
By ·
8 Jun 2012
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AURORA OIL AND GAS will join Australia's top 100 companies by market value after the latest adjustment to the S&P/ASX 100. The company also announced a sharp rise in production at its wells, located in the same liquids-rich Eagle Ford region in Texas as BHP Billiton's shale assets. Aurora's executive chairman, Jonathan Stewart, said the inclusion in the ASX 100 reflected a successful transition from exploration success to a rapidly growing international oil and gas producer. The ASX 100 index comprises 100 stocks that provide a benchmark for fund managers.
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Frequently Asked Questions about this Article…

Aurora joining the S&P/ASX 100 means it is now counted among Australia’s top 100 companies by market value after the latest index adjustment. The ASX 100 is a widely used benchmark for fund managers, so inclusion signals that Aurora has reached a larger market footprint and greater recognition in the market.

Aurora was added after the most recent S&P/ASX 100 adjustment. The company also reported a sharp rise in production at its wells in Texas, which, together with its market value, underpins the move into the ASX 100.

Aurora’s wells are located in the liquids‑rich Eagle Ford region in Texas. The article notes this is the same Eagle Ford area where BHP Billiton holds shale assets.

Aurora announced a sharp rise in production at its Eagle Ford wells. The article doesn’t give specific volumes, but highlights a clear increase in output from those assets.

Jonathan Stewart is Aurora’s executive chairman. He said the company’s entry into the ASX 100 reflects a successful transition from exploration success to becoming a rapidly growing international oil and gas producer.

The Eagle Ford is a liquids‑rich shale region in Texas that hosts Aurora’s producing wells. Its liquids richness is significant because it can drive stronger production and revenue potential, which is one reason Aurora’s growth was highlighted in the article.

The ASX 100 comprises 100 stocks that provide a benchmark for fund managers. For everyday investors, being part of that benchmark can increase a company’s visibility among institutional buyers and signal that it has reached a notable market‑capitalisation threshold.

Investors should note that Aurora’s inclusion reflects both its market value and operational progress—specifically a sharp rise in production in the liquids‑rich Eagle Ford region—and that management describes the move as evidence of the company’s transition to a rapidly growing international oil and gas producer.