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AUSTRALIS OIL & GAS LIMITED

AUSTRALIS OIL & GAS LIMITED

ASX:ATS

Last Placement
Bidding Closed
Offer Price
Not Available
Discount to Close
Not Available
Raised
$30.5M
Last Close
$0.4000
Market Cap at Close
Not Available
Relisted
Feb 17, 2019

Company Information

Australis Oil & Gas (Australis) is an oil and gas company formed by the founder and executives of Aurora Oil & Gas Limited (Aurora), which was sold in June 2014 for an enterprise value of A$2.6 billion including assumed debt of approximately A$800 million. Through two acquisitions completed in 2016 and 2017, Australis has accumulated a strategic position within one of the last emerging oil shale basins onshore in the USA. Australis has become the largest acreage holder in the production defined core area of the Tuscaloosa Marine Shale (TMS), onshore Louisiana and Mississippi. This large acreage position within the TMS core, together with the associated production and cashflow, proven reserves and large undeveloped resource, provides the platform for significant value creation for Australis shareholders. In addition, Australis owns a large oil & gas licensed area onshore Portugal with a discovered gas resource.

Type

Listed Company

GICS Sub-Industry

Oil & Gas Exploration & Production

Head Office

29/77 St Georges Terrace, Perth WA 6000, Australia

Oil & Gas Exploration & Production
Energy

Quarterly Cash Flows

The numbers below are derived from quarterly cash flow reports provided by the company. Fresh Equities does not guarantee that the information provided is accurate, you can read the associated report by clicking read more for the quarter. Always do your own research and do not rely on the information provided here as your only source of research.



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ACN 619 657 028. CAR: 001267539 of AFSL: 471379.
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