Aurora Oil & Gas 8-K Other Events

EXHIBIT 99.2

TRANSMITTAL OF FINANCIAL REPORTS AND

CERTIFICATION OF COMPLIANCE WITH

UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR

THE PERIOD ENDED:  AUGUST 31, 2009

IN RE:	:	CASE NO.:	09-08255 (SWD)
	:	Chapter 11
HUDSON PIPELINE & PROCESSING CO., LLC,	:	Judge:	Honorable Scott W. Dales
Debtor.	:

As debtor in possession, I affirm:

1.           That I have reviewed the financial statements attached hereto, consisting of:

X	Operating Statement	(Form 2)
X	Balance Sheet	(Form 3)
X	Summary of Operations	(Form 4)
X	Monthly Cash Statement	(Form 5)
N/A	Statement of Compensation	(Form 6)
X	Schedule of In-Force Insurance	(Form 7)

and that they have been prepared in accordance with normal and customary accounting practices, and fairly and accurately reflect the debtor’s financial activity for the period stated.

2.           That the insurance, including workers’ compensation and unemployment insurance, as described in Section 4 of the Reporting Requirements for Chapter 11 Cases is in effect.  (If not, attach a written explanation.)YES X  NO _____

3.           That all postpetition taxes as described in Sections 1 and 14 of the Operating Instructions and Reporting Requirements For Chapter 11 cases are current.  (If not, attach a written explanation.)

YES _____                      NO _____                      N/A X

4.           No professional fees (attorney, accountant, etc.) have been paid without specific court authorization.  (If not, attached a written explanation.)

YES X                                NO _____

5.           All United States Trustee Quarterly fees have been paid and are current.

YES _____                      NO _____                      N/A X

6.           Have you filed your prepetition tax returns.  (If not, attach a written explanation.)

YES X                                No _____

I hereby certify, under penalty of perjury, that the information provided above and in the attached documents is true and correct to the best of my information and belief.

Dated:  September 17, 2009	/s/ Sanford R. Edlein
	Debtor in Possession
	Chief Restructuring Officer	(231) 941-0073
	Title	Phone

FORM 1

HUDSON PIPELINE & PROCESSING CO, LLC (“HPPC”)

EXPLANATORY NOTES TO THE MONTHLY OPERATING REPORT

DATED AS OF AUGUST 31, 2009

1.   This Monthly Operating Report (“MOR”) has been signed by the Company’s Chief Restructuring Officer, Sanford R. Edlein.  The MOR was prepared by Aurora Oil & Gas Corporation’s (the “Company”) staff with management oversight on behalf of HPPC.  Mr. Edlein does not have personal knowledge of every item identified in the MOR and has relied upon the work of Company management.  In reviewing and signing the MOR, Mr. Edlein has relied upon the accuracy and integrity of the Company’s books and records, and it is possible that further review thereof may require amendment of the MOR.

2.   This MOR is preliminary and unaudited and reflects results for the twelve days ended July 12, 2009 (pre-petition), nineteen days ended July 31, 2009 (post-petition), one month ended July 31, 2009, one and eight months ended August 31, 2009 and balances as of July 12, 2009 (filing date), July 31, 2009 and August 31, 2009.  This MOR should be read together and concurrently with the Company’s first quarter 2009 Form 10-Q that was filed with the Securities and Exchange Commission (“SEC”) on May 8, 2009 and the Company’s Annual Report on Form 10-K for fiscal 2008 filed with the SEC on March 13, 2009 for a comprehensive description of our current financial condition and operating results. This MOR should also be read together and concurrently with Forms 8-K filed with the SEC during 2009.  This MOR is being provided to the Bankruptcy Court and the U.S. Trustee.

3.   This MOR is unaudited and will not be subject to audit or review by our external auditors on a stand-alone basis at any time in the future.  Results for this period as presented in the MOR are not necessarily indicative of the actual results for the period if all such matters were allocated to all periods in the quarter or year.  Accordingly, each period reported in the MOR should not be viewed on a stand-alone basis, but rather in the context of previously reported financial results, including the Company’s SEC filings.

4.   This MOR is presented in a format providing information required under local rules and incorporating measurements used for internal operating purposes, rather than in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. This MOR does not include certain financial statements and explanatory footnotes, including disclosures required under GAAP.

5.   This MOR is presented on a stand alone basis for HPPC and does not include any eliminating entries.  HPPC is a limited liability company that owns and operates various pipelines and processing facilities located in Hudson Township area of the Michigan Antrim play.  The Company holds a 96.1% interest in HPPC.

CASE NAME:  Hudson Pipeline & Processing Co., LLC

CASE NUMBER:  09-08254 (SWD)

	OPERATING STATEMENTS
	PERIOD			PERIOD
	07/01/09 -			07/13/09 -			MONTH			MONTH			YTD			MONTH		MONTH		MONTH		MONTH
	07/12/09			07/31/09			Jul-09			Aug-09			Aug-09			Sep-09		Oct-09		Nov-09		Dec-09
REVENUES:
Transportation	$	36,859		$	57,278		$	94,137		$	91,636		$	723,766
Compression		59,844			103,787			163,631			184,232			1,291,683
Processing		19,282			29,935			49,217			48,268			382,034
Other income		3,361			5,657			9,018			8,729			146,056
3rd party transportation		1,558			2,388			3,946			3,902			335,942
Less: 3rd party transportation		(1,558	)		(2,388	)		(3,946	)		(3,902	)		(335,942	)
Total revenues		119,346			196,657			316,003			332,865			2,543,539			-		-		-		-
EXPENSES:
Pipeline and field operating expense		525			1,174			1,699			700			46,120
Processing operating expense		77,232			76,832			154,064			165,693			1,388,045
General and administrative expense		2,611			4,387			6,998			6,933			59,375
Depreciation		27,548			43,618			71,166			71,166			581,858
Taxes (refunds), other		1,348			2,000			3,348			5,777			30,199
Total expenses		109,264			128,011			237,275			250,269			2,105,597			-		-		-		-
NET INCOME	$	10,082		$	68,646		$	78,728		$	82,596		$	437,942			-		-		-		-

FORM 2

CASE NAME:  Hudson Pipeline & Processing Co., LLC

CASE NUMBER:  09-08254 (SWD)

BALANCE SHEETS
	Filing Date			AS OF			AS OF			AS OF		AS OF		AS OF		AS OF
	07/12/09			07/31/09			08/31/09			09/30/09		10/31/09		11/30/09		12/31/09
ASSETS
CURRENT ASSETS:
Cash	$	1,861,927		$	1,989,537		$	2,097,689
Accounts receivable:
Trade		475,818			311,050			328,037
Members		106,754			106,754			106,754
Prepaid expenses		100,894			73,344			156,874
Total current assets		2,545,393			2,480,685			2,689,354			-		-		-		-
PIPELINES, PLANT AND EQUIPMENT
Pipelines		7,391,842			7,391,842			7,391,842
Plant		948,457			948,457			948,457
Equipment		2,560,696			2,560,696			2,560,696
Less: accumulated depreciation		(1,876,861	)		(1,920,479	)		(1,991,644	)
Total pipelines, plant and equipment, net		9,024,134			8,980,516			8,909,351			-		-		-		-
TOTAL ASSETS	$	11,569,527		$	11,461,201		$	11,598,705		$	-	$	-	$	-	$	-
LIABILITIES AND MEMBERS' EQUITY
CURRENT LIABILITIES:
Accounts payable:
Trade	$	250,950	(1)	$	198,408		$	124,740
Affiliates		207,760	(1)		59,402			90,595
Accrued liabilities		41,648			70,898			176,964
Other current liabilities		104,197			104,197			104,197
Total current liabilities		604,555			432,905			496,496			-		-		-		-
LONG-TERM LIABILITIES:
Deferred gain on sale of natural gas compressor equipment		257,132			251,810			243,127
MEMBERS' EQUITY
Members’ equity		10,707,840	(1)		10,776,486			10,859,082
TOTAL LIABILITIES AND (DEFICIT) EQUITY	$	11,569,527		$	11,461,201		$	11,598,705			-		-		-		-

(1) - Trade accounts payable and members' equity were reduced by $45,327 and $273, respectively and affiliates accounts payable was increase by $45,600 from the informal report submitted to the U.S. Trustee as a result of adjustments to estimated accrued liabilities and to properly account for payables to affiliates.

FORM 3

CASE NAME:  Hudson Pipeline & Processing Co., LLC
CASE NUMBER: 09-08254 (SWD)
	SUMMARY OF OPERATIONS
	SCHEDULE OF POST-PETITION TAXES PAYABLE
	Filing Date			AS OF			AS OF			AS OF		AS OF		AS OF		AS OF
	07/12/09			07/31/09			08/31/09			09/30/09		10/31/09		11/30/09		12/31/09
INCOME TAXES WITHHELD:
Federal	$	-		$	-		$	-
State		-			-			-
Local		-			-			-
FICA WITHHELD		-			-			-
EMPLOYERS FICA		-			-			-
UNEMPLOYMENT TAX:
Federal		-			-			-
State		-			-			-
SEVERANCE TAXES		-			-			-
PROPERTY TAXES		-			-			-
STATE INCOME TAXES		-			-			-
WORKERS' COMPENSATION		-			-			-
TOTAL POST-PETITION TAXES PAYABLE	$	-		$	-		$	-		$	-	$	-	$	-	$	-
Note: HPPC does not have employees and therefore no payroll related liabilities exists. No other tax related payables exist at August 31, 2009.
	AGING OF ACCOUNTS RECEIVABLE
	AGED AS OF			AS OF			AS OF			AS OF		AS OF		AS OF		AS OF
DAYS	07/12/09			07/31/09			08/31/09			09/30/09		10/31/09		11/30/09		12/31/09
0-29 Days	$	-		$	-		$	-
30-59 Days		-			-			-
60-89 Days		-			-			-
90+ Days		106,754	(1)		106,754	(1)		106,754	(1)
TOTAL	$	106,754		$	106,754		$	106,754		$	-	$	-	$	-	$	-
	AGING OF ACCOUNTS PAYABLE
	AGED AS OF			AS OF			AS OF			AS OF		AS OF		AS OF		AS OF
DAYS	07/12/09			07/31/09			08/31/09			09/30/09		10/31/09		11/30/09		12/31/09
0-29 Days	$	200,928		$	164,827		$	80,182
30-59 Days		45,669			33,581			44,558
60-89 Days		4,353			-			-
90+ Days		-			-			-
TOTAL	$	250,950		$	198,408		$	124,740		$	-	$	-	$	-	$	-
Note: This form does not include intercompany accounts payable.
(1) - Amount is due from a member of HPPC, which can be offset against future distributions or reduction of member interest.

FORM 4

BANK RECONCILIATION AND CASH ACTIVITY REPORT

Month Ended August 31, 2009

Case Name:  Hudson Pipeline & Processing Co., LLC

Case Number:  09-08255 (SWD)

		Bank:	Northwestern Bank		JPMorgan Chase Operating Account			Charles Schwab & Co.
		Purpose (Type):	Operating Account		(DIP)			Investment Account			TOTAL
		Bank Balance (8/31/09)	$	-	$	2,129,175		$	10,575		$	2,139,750
		Add:  Deposits in Transit		-		-			-			-
		Subtract:  Outstanding Checks		-		(42,062	)		-			(42,062	)
		Adjusted Bank Balance (8/31/09)	$	-	$	2,087,113		$	10,575		$	2,097,689
Cash Activity Report
	A	Beginning Book Balance (7/31/09)	$	-	$	415,707		$	1,573,830		$	1,989,537
	B	Receipts		-		311,049			95			311,145
	C	Transfers In (from other accounts)		-		1,563,300			-			1,563,300
	D	Balance Available		-		2,290,056			1,573,925			3,863,982
	E	Disbursements		-		(202,943	)		(50	)		(202,993	)
	F	Transfers Out		-		-			(1,563,300	)		(1,563,300	)
	G	Ending Book Balance (8/31/09)	$	-	$	2,087,113		$	10,575		$	2,097,689

* A sweep account at Northwestern Bank is associated with this operating account. Effective July 20, 2009, the sweep account was closed. The presentation of this account in the reconciliation and cash activity is consolidated for these associated accounts. Also, effective July 31, 2009, this operating account was closed. No further activity will appear in this account after July 31, 2009.

** A predecessor account at JPMorgan Chase was established prior to the petition date of 7/12/09, in anticipation of the filing. A minimal amount of activity occurred prior to the filing date, after which the account was closed/merged into the new JPMorgan Chase DIP account. The presentation of this account in the reconciliation and cash activity is consolidated for these accounts.

Other Monies on Hand
Hudson does not keep any cash on hand.
Cash Receipts and Disbursements Detail	TOTAL
Receipts
Operated Revenues	$	311,049
Other Receipts		95
Total Receipts	$	311,145
Disbursements
Operating Expenses	$	202,943
Other Disbursements		50
Total Disbursements	$	202,993

FORM 5

SCHEDULE OF IN-FORCE INSURANCE
For Month Ended August 31, 2009
Case Name:  Hudson Pipeline & Processing Co., LLC
Case Number:  09-08255 (SWD)
Insurance Type	Carrier/Agent	Expiration Date
Building & Personal Property	Federal Insurance Company (Chubb)	1/1/2010
Oilfield Lease Property	Federal Insurance Company (Chubb)	1/1/2010
General Liability	Federal Insurance Company (Chubb)	1/1/2010
Pollution Liability	Federal Insurance Company (Chubb)	1/1/2010
Umbrella - Primary	Federal Insurance Company (Chubb)	1/1/2010
Umbrella - Second Layer	Arch Insurance Group	1/1/2010
Umbrella - Third Layer	Federal Insurance Company (Chubb)	1/1/2010

FORM 7