Caiman Valores
Contrarian, long-term horizon, research analyst, value

Aurora Oil And Gas: An Unloved And Undervalued Australian Oil Junior

(Editors note: The Toronto Stock Exchange listing of Aurora Oil & Gas, AEF.TO, offers substantially better liquidity than AAGLF)

The recent spike in crude prices has firmly brought investor interest back onto oil explorers and producers. With West Texas Intermediate (WTI) hitting a 52-week high back in August many have reported solid third quarter 2013 results. With crude prices still well above $90 per barrel this trend should continue through into early 2014.

One company that stands out is Aurora Oil & Gas (OTCPK:AAGLF), which operates exclusively in the Eagle Ford Shale. Aurora holds some high quality assets in the Eagle Ford and has a demonstrated history of being able to consistently grow reserves and production. Leaving...

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