U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 12b-25 NOTIFICATION OF LATE FILING SEC FILE NO: 000-29722 [ ] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K [X] Form 10-Q and Form 10-QSB [ ] Form N-SAR For Period Ended: June 30, 1998 [ ] Transition Report on Form 10-K [ ] Transition Report on Form 20-F [ ] Transition Report on Form 11-K [ ] Transition Report on Form 10-Q [ ] Transition Report on Form N-SAR ____________________________________________ Nothing in this form shall be construed to imply that the Commission has verified any information contained herein. _____________________________________________ If the notification relates to a portion of the filing checked above, identify the item(s) to which the notification relates: _____________________________________________ PART I - REGISTRANT INFORMATION Full Name of Registrant: AURORA ENERGY, LTD. Former Name if Applicable: Address of Principal Executive Office: 3760 North US 31 South, Traverse City, Michigan 49684 ____________________________________________ PART II - RULES 12B-25 (b) and (c) If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b) [Section 23,047], the following should be completed. (Check box if appropriate) [X]	(a)	The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense; [X]	(b)	The subject annual report, semi- annual report, transition report on Form 10- K, Form 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date. [ ]	(c)	The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable. _____________________________________________ PART III - NARRATIVE State below in reasonable detail the reasons why Form 10-K and Form 10-KSB, 20-F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion thereof could not be filed within the prescribed period. We have encountered two problems in putting together the second quarter financial statements. Because we have just become a reporting company, the first quarter financial statements had not been completed, and both quarters had to be completed within the allotted time period. We then encountered a problem because one of our investee partnerships, Jet LaVanway, was late in providing its financial information which flows through into our financial statements. We now have that information, but require one or two more days to complete our report. _____________________________________________ PART IV - OTHER INFORMATION (1)	Name and telephone number of person to contact in regard to this notification: John Lohman, (616) 941-0073. (2)	Have all other periodic reports required under section 13 or 15(d) of the Securities Exchange Act of 1934 or section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s). [X] Yes	[ ] No (3)	Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? [ ] Yes	[X] No If so: attach an explanation of the anticipated change, both narratively and quantitatively, and if appropriate, state the reasons why a reasonable estimate of the results cannot be made. AURORA ENERGY, LTD. has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized. Date: August 14, 1998 By: John Lohman, Chief Accounting Officer INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative's authority to sign on behalf of the registrant shall be filed with the form.