Aurora Oil & Gas Limited - Scheme Update

PERTH, Western Australia, May 22, 2014 /CNW/ - Aurora Oil & Gas Limited 
(ASX:AUT, TSX:AEF) (Aurora) is applying to the Federal Court of Australia for 
orders approving the Scheme at a hearing scheduled for Monday 26 May 2014. If 
the Scheme is approved by the Court, Aurora expects to lodge the Court orders 
approving the Scheme with ASIC on Tuesday 27 May 2014, so that the Scheme will 
become effective on and from that date in accordance with section 411(10) of 
the Corporations Act 2001 (Cth). 
Transfers of shares 
Once this has occurred, trading in Aurora's shares is expected to cease at 
close of trade on 27 May 2014 (Perth time) on ASX and at the opening of 
trading 27 May 2014 (Toronto time) on the Toronto Stock Exchange. The deadline 
for shareholders to request to transfer their shares between the Australian 
and Canadian Aurora Register will be 2.45pm (Perth time) on 27 May 2014. 
Scheme Consideration 
As set out in the Scheme Booklet, Aurora has determined that shareholders with 
an address in Canada shown on the Register on the Scheme Record Date 
(currently expected to be 7pm Perth time on 3 June 2014) and Canadian 
Beneficial Holders (who hold their shares on the Canadian Register indirectly 
through brokers or other market intermediaries) will receive the Canadian 
dollar equivalent of the Scheme Consideration of AU$4.20, using an exchange 
rate on the Implementation Date, currently expected to be 11 June 2014 (Perth 
time), or a date that is within 5 business days of such Implementation Date, 
after deducting any costs, charges or expenses associated with the conversion. 
All dates are indicative only and are subject to the Court approval process, 
ASX approval and the satisfaction or, where applicable, waiver of the 
conditions precedent to the implementation of the Scheme.  Any changes to the 
above timetable will be announced to ASX and notified on Aurora's website at

SOURCE  Aurora Oil & Gas Limited 
Investors: Jon Stewart Executive Chairman Aurora Oil & Gas 
Ltd Tel: +61 8 9380 2700  Media: Shaun Duffy FTI 
Consulting Tel: +61 8 9485 8888 Mob: +61 404 094 384  
Head Office Level 1, 338 Barker Road, Subiaco, WA 6008, Australia PO Box 20, 
Subiaco, WA 6904 T +61 8 9380 2700, f + 61 8 9380 2799,  Houston Aurora USA Oil & Gas, Inc. a subsidiary of 
Aurora Oil & Gas Limited 1200 Smith Street, Suite 2300, Houston TX 77002-5500 
T + 1 713 402 1920, f + 1 713 357 9674  
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CO: Aurora Oil & Gas Limited
-0- May/22/2014 06:50 GMT
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