Aurora instructs Gilbert + Tobin on resources deal

Gilbert + Tobin is advising ASX-listed Aurora Oil & Gas on a $2.6 billion acquisition deal by oil and natural gas company Baytex

Gilbert + Tobin is advising ASX-listed Aurora Oil & Gas on a $2.6 billion acquisition deal by oil and natural gas company Baytex.

Gilbert + Tobin, led by partners Neil Pathak, Marcello Cardaci and Sarah Turner, have arranged an acquisition scheme in which Baytex will acquire Aurora for $4.10 a share.

“We have acted for Aurora for a number of years and have seen the company grow and develop, so it is very pleasing to be able to assist them with this significant transaction,” Cardaci said.

The scheme has the approval of Aurora’s directors who are recommending Aurora shareholders vote in favour of the Baytex acquisition.

Aurora is an Australian and Toronto listed oil and gas company focussed on the Eagle Ford Shale region in Texas and is engaged in the development and production of oil, condensate and natural gas.
 

Recent articles & video

HWL Ebsworth partner makes the switch to McCullough Robertson

Axiom Australia announces new managing director and country head

Town planning runs strong in the veins of this Clayton Utz partner

Maddocks welcomes midyear with 64 promotions

HSF pitches in on industry-first deal

SA Supreme Court orders sale of family land despite resident brother’s objections

Most Read Articles

MinterEllison partnership balloons after nine promotions

Lucky seven promoted to partner at Lander & Rogers

Allens guides Morgan Stanley in landmark infrastructure deal

New chair takes the lead at Barry Nilsson