The company has lifted its production guidance to 10.6 to 11.7 million barrels of oil equivalent gross or 29,000 to 32,000 boe per day.
Aurora’s board has approved the 2014 capital expenditure to get these production levels up.
The money will come from the company’s existing cash, operating cash flows and its existing bank credit facility.
Aurora expects to spud between 49 and 53 wells in 2014, up 13% from 2013 levels.
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