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Australis Oil and Gas Limited (ASX:ATS)

ALERT: Price-sensitive ASX Announcement for ATS
Current share price for ATS : $0.020 0.01 (100%)+
Announcement
Release
22 Oct 2025 6:26PM
Price at Release
$0.010
Full Release
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Summary
Australis Oil and Gas Limited reported lower production operating costs and an increased Field Netback during the third quarter of 2025. The company's operations covered all operating costs and generated an adjusted EBITDA of $0.2 million. Debt was reduced by US$1.1 million, leaving a principal balance of US$4.8 million, while the cash balance decreased to US$3.3 million, resulting in net debt of $1.5 million. Sales revenue was down 8% from the previous quarter, primarily due to lower sales volumes despite higher oil prices. Australis maintained its net oil resource at 65 million barrels and continued to explore partnerships for further development in the Tuscaloosa Marine Shale (TMS) region, holding 47,300 net acres with significant potential for future drilling.
Key Points
  • Production operating costs were lower due to no workovers carried out during the quarter.
  • Field Netback increased to US$1.1 million, a 28% rise from Q2 2025.
  • Cashflow from operations covered all operating costs and corporate G&A.
  • Adjusted EBITDA for the quarter was $0.2 million.
  • Credit Facility principal debt decreased by US$1.1 million, now at US$4.8 million.
  • Quarter-end cash balance was US$3.3 million, an 18% decrease from Q2 2025.
  • Net debt reduced to $1.5 million, an 18% decrease from Q2 2025.
  • Sales revenue after hedges was US$3.3 million, 8% lower than the previous quarter.
  • Australis holds approximately 47,300 net acres in the TMS Core.
  • Net oil resource remained steady at 65 million barrels.
  • Australis worked with potential partners for commercial exploration of TMS.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.