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Australis Oil and Gas Limited (ASX:ATS)

ALERT: Price-sensitive ASX Announcement for ATS
Current share price for ATS : $0.023 0.002 (9.52%)+
Announcement
Release
30 Jan 2026 2:36PM
Price at Release
$0.021
Full Release
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Summary
Australis Oil & Gas Limited reported its quarterly activities and annual reserves for the 4th quarter of 2025, highlighting a significant increase in cash balance to US$14.2 million and the repayment of debt following a financing transaction with EQV Group. The company divested 90% of its working interests in operated wells, leading to a decrease in reserves but maintaining potential upside with contingent resources in the TMS Core. The reserves were independently assessed by Ryder Scott Company, indicating a net PDP reserves volume of 124 Mbbls with an NPV(10) of US$2.4 million. Sales volumes remained stable, but lower WTI prices reduced revenue and netback. Australis also undertook successful workovers, keeping operating costs 30% below budget.
Key Points
  • Cash balance at the end of Q4 2025 was US$14.2 million.
  • No debt remaining from the Macquarie Facility.
  • Australis divested 90% of its working interest in producing wells to EQV.
  • Net PDP reserves of 124 Mbbls with an NPV(10) of US$2.4 million.
  • 2P + 2C mid case recoverable estimate of 62 MMbbls.
  • Sales volumes stable at 48,900 bbls with lower WTI prices affecting revenue.
  • Successful workover program reduced costs significantly below budget.
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.