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Australis Oil and Gas Limited (ASX:ATS)

ALERT: Price-sensitive ASX Announcement for ATS
Current share price for ATS : $0.022 0.01 (83.33%)+
Announcement
Release
23 Oct 2025 10:18AM
Price at Release
$0.012
Full Release
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Summary
Australis Oil and Gas Limited released a quarterly report for the third quarter of 2025, along with a revised Appendix 5B. The report highlighted a decrease in sales volumes due to wells requiring workovers, leading to a sales revenue of US$3.3 million, down 8% from the previous quarter. However, production operating costs were lower, contributing to a higher Field Netback of US$1.1 million. The company's credit facility debt decreased by US$1.1 million to US$4.8 million, and they recorded an Adjusted EBITDA of US$0.2 million. Australis continues to manage its TMS lease position, holding approximately 47,300 net acres, and is actively seeking a development partner to fund further activities. The document also notes a revised Appendix 5B, correcting the presentational currency to US dollars, with no other changes made.
Key Points
  • Australis Oil and Gas Limited released a revised Appendix 5B.
  • Sales revenue decreased by 8% to US$3.3 million due to lower sales volumes.
  • Production operating costs were lower, resulting in a higher Field Netback of US$1.1 million.
  • Credit facility debt was reduced by US$1.1 million, bringing it down to US$4.8 million.
  • Adjusted EBITDA for the quarter was US$0.2 million.
  • Australis continues to hold approximately 47,300 net acres in the TMS Core.
  • The company is seeking a development partner for future funding.
  • The revised Appendix 5B corrected the currency to US dollars.
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.