Jefferies & Co Downgrades Aurora Oil & Gas (AOG) to Underperform

June 25, 2008 8:32 AM EDT

Jefferies & Co downgrades Aurora Oil & Gas (AMEX: AOG) from Hold to Underperform, citing lower production and lack of exploration success which is causing liquidity issues. Price target dropped to $0.50.

Aurora Oil & Gas Corporation is an independent energy company focused on the exploration and development of unconventional natural gas reserves.


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