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Vol. 7, No. 23 Week of June 09, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


Aurora Gas secures $25 million line of equity, accelerating growth

Company plans to acquire undeveloped reserves and acreage, particularly on the west side of Cook Inlet, and continue development at Nicolai Creek field

Kristen Nelson

PNA Editor-in-Chief

Aurora Gas LLC said May 31 that it has arranged a $25 million line of equity with Aurora-KF L.L.C., an affiliate of Kaiser-Francis Oil Co. of Tulsa, Okla., and Cosco Capital Management LLC of New York City. The latter acted as exclusive financial advisor to Aurora with respect to the private placeme....

    [additional news subjects in this story]

Company plans to accelerate growth

Work at Nicolai began in 2000

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