aut is on a busy shopping spree according to the ceo
Aurora Oil & Gas Ltd. reportedly put in a bid of $109 million to acquire Eureka Energy Ltd., reports Bloomberg.
Jon Stewart, the CEO of Aurora, said that such moves were likely to keep coming for his company.
"With the poor natural gas price in North America there are a lot of capital-constrained companies over there," he told the news source. "The volume of opportunities coming across our desk has really escalated."
