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Australis advances TMS with US partner, retains 10% production stake
10:14am on Tuesday 28th of April, 2026 AEST
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Energy
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Australis advances TMS with US partner, retains 10% production stake
10:14am on Tuesday 28th of April, 2026 AEST
Key Points
Farmin deal with US partner carrying US$46.25 million development
Retained 10% working interest in producing wells with 4,577 barrels sold
47,200 net acres held, 85% held by production in TMS core
Cash reserves at US$13.6 million, debt-free after credit facility repayment
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Australis Oil & Gas (ASX:ATS)
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