8-K 1 v076579.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934


Date of Report (Date of earliest event reported):
May 18, 2007
 
AURORA OIL & GAS CORPORATION
(Exact name of registrant as specified in its charter)
 
UTAH
000-25170
87-0306609
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
 
4110 Copper Ridge Drive, Suite 100, Traverse City, MI
49684
(Address of principal executive offices)
(Zip Code)
 
Registrant’s telephone number, including area code:
(231) 941-0073
     
 
(Former name or former address, if changed since last report.)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
 
 

Item 5.02 Compensatory Arrangements of Certain Officers.

(f) Executive Compensation

On May 18, 2007, the Board of Directors of Aurora Oil & Gas Corporation (the “Company”) awarded cash bonuses to certain key officers for their 2006 performance as set forth in the following revised compensation table for 2006:

SUMMARY COMPENSATION TABLE
  
Name and Principal Position
  
Year
  
Salary ($)
  
Bonus ($)
  
Stock Awards ($)
  
Option Awards ($)
  
All Other Compen-sation ($)
  
Total ($)
  
                               
William W. Deneau
    
2006
    
140,000
    
28,000
    
-
    
196,974(a)
 
  
2,450(b
)
  
367,424
  
President, Chief
   
 
                                      
Executive Officer
    
 
                                      
                                             
John V. Miller, Jr.
    
2006
    
125,000
    
26,250
    
-
    
64,332(a)
 
  
1,875(b
)
  
217,457
  
Vice President
    
 
                                      
     
 
                                      
Thomas W. Tucker
    
2006
    
125,000
    
26,250
    
-
    
64,332(a)
 
  
-
    
215,582
  
Vice President
    
 
                                      
                                             

 
(a)
The assumptions used to calculate value in accordance with FAS 123R may be found in Note 10 “Common Stock Options” of our financial statements provided in our 12/31/06 Form 10-KSB which was filed on March 15, 2007.
 
(b)
These reflect our company match to a 401(K) defined contribution plan.


SIGNATURE

According to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
     
  AURORA OIL & GAS CORPORATION
 
 		  
 		  
 
Date: May 24, 2007 By:   /s/ Ronald E. Huff 
 
By: Ronald E. Huff
  Its: Chief Financial Officer

 
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