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Australis reports $2.6 million loss, advances drilling plans with new development partner
2:14pm on Wednesday 19th of August, 2026 AEST
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Energy
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Australis reports $2.6 million loss, advances drilling plans with new development partner
2:14pm on Wednesday 19th of August, 2026 AEST
Key Points
Net loss widens to $2.6 million
Sales volumes plunge to 9,200 barrels
Development partner funds $46.25 million Carry Program
Willson 1H well permit granted, spud planned for Q4 2026
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