Aurora Oil & Gas Corporation Announces Appointment of Officers
May 30 2007 - 9:30AM
PR Newswire (US)
TRAVERSE CITY, Mich., May 30 /PRNewswire-FirstCall/ -- Aurora Oil
& Gas Corporation (AMEX:AOG) today announced that its board of
directors has named Ronald E. Huff to serve as the company's
President and to be responsible for the operations of the company.
Mr. Huff will also continue in his current position as Chief
Financial Officer of the company. William W. Deneau will continue
in his position as Chairman of the board of directors and as Chief
Executive Officer and will concentrate on the strategic direction
of the company. Mr. Deneau said that the AOG board unanimously
selected Mr. Huff based on his broad management background and his
many years of experience in the oil and gas business. Mr. Huff has
been the company's Chief Financial Officer since June 2006 and has
been a member of its board of directors since October 2005. He has
over twenty-five years experience in the oil and gas industry and
worked for Belden & Blake Corporation from 1986 to 1999 and for
Transco, Sonat, and Zilkha Petroleum from 1977 to 1986. He served
as President of Belden & Blake from 1997 to 1999 and as was
also its Chief Financial Officer from 1989 to 1999. The board of
directors has also named John C. Hunter as Vice President of
Exploration and Production. Mr. Hunter is a petroleum engineer with
over thirty years of oil and gas experience. He has worked for AOG
since 2005, and prior to joining AOG, he worked for Wellstream
Energy Services and Torch Energy Advisors, both located in Houston,
Texas. Mr. Deneau commented, "John Hunter is uniquely qualified to
lead our exploration operations. He is very familiar with
non-conventional reservoirs and horizontal drilling and has the
hands-on experience that is needed to drive the company forward in
its development of the Antrim Shale and to exploit the potential of
its New Albany Shale assets." Additionally, Thomas W. Tucker has
announced that he will retire from the company effective June 30,
2007 and will work with Mr. Hunter on transitional matters until
his retirement. The company also has made arrangements with Mr.
Tucker to be available in a consulting capacity through December
31, 2007 to assist the company on various matters. Mr. Tucker is
one of the original founders of Aurora Energy, Ltd., which merged
with the company in 2005. Mr. Deneau noted, "Tom has been
instrumental in the company's transition to an exploration and
production company. His years of service and numerous contributions
to the company are greatly valued. The company and all of its
employees wish Tom all the best in his retirement." Mr. Deneau
continued, "Over the coming months, the board of directors expects
Ron and John to shape the direction of the company and to take the
steps necessary to promote the company's growth and profitability.
We are very pleased that Ron and John will lead this effort." About
Aurora Oil & Gas Corporation Aurora Oil & Gas Corporation
is an independent energy company focused on unconventional natural
gas exploration, acquisition, development and production with its
main operations in the Michigan Antrim Shale and New Albany Shale
of Indiana and Kentucky. DATASOURCE: Aurora Oil & Gas
Corporation CONTACT: Jeffrey W. Deneau, Investor Relations of
Aurora Oil & Gas Corporation, +1-231-941-0073 Web site:
http://www.auroraogc.com/
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