How Australis Oil & Gas Plans to Unlock $46M in New Drilling Capital Amid Price Pressures

• Stable Q4 production volumes at 48,900 barrels despite lower WTI prices
• Development partner to invest up to US$46 million for new wells, earning 80% interest
• Sale of 90% producing well interests to EQV for US$16.9 million, enabling debt repayment
• Year-end 2025 reserves updated, 124 Mbbls proved developed producing, 62 million barrels 2P+2C resources