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Australis Oil & Gas Ltd

ASX:ATS
A$0.033Close 7 Oct 2026 · delayed

Past year: ▲ 230%(1.00c – 3.30c AUD)

Market cap
A$46.1m
Shares on issue
1.40bn
In-ground value
A$347m
Risked multiple
3.81×
Story beats
39 since 2016
Last event
29 July 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

26 Aug 2026other● Neutral

5,124,164 shares issued to non-executive directors on exercise of fee rights will be released from voluntary escrow on 5 September 2026, 12 months after issue. Administrative notice only.

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21 Aug 2026investor presentation▲ Good

Broker-briefing presentation largely restating known facts. New detail: the second carried well (Mathieu 1H) permit was approved on 19 August 2026, and a third well (Baker 1H) process has started. Acreage is about 47,500 net.

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19 Aug 2026half year report● Neutral

First-half 2026: net loss US$2.6m, adjusted EBITDA negative US$2.6m, sales 9,200 bbl from the retained 10% interest. Cash US$11.2m. Willson 1H is permitted, with spud targeted for Q4 2026; Australis will operate it.

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17 Aug 2026price query● Neutral

ASX queried a rise in the share price (low A$0.029 to high A$0.032) and heavier trading. Australis said it knows of no undisclosed information and suggested interest reflects earlier announcements ahead of the restart of drilling.

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29 July 2026quarterly activities report▲ GoodMajor

June quarter 2026: Willson 1H permit approved on 15 July, and the partner has confirmed it will drill and complete the well, targeted for Q4 2026 subject to rig availability. This resolves the earlier uncommitted spud date. Cash fell to US$11.2m from US$13.6m, after US$1.3m paid to EQV; no debt.

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2 July 2026regulatory community update▲ GoodMajor

Permit application lodged for Willson 1H, the first well in the US$46.25m carried program, with a hearing on 15 July 2026. Planned as a 10,000-foot lateral; Australis holds 88% of the unit for now. Partner has not confirmed a spud date, but Q4 2026 is preserved.

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8 May 2026remuneration report● Neutral

Company proposes 2026-2029 employee incentive awards (excluding directors), vesting if market valuation rises over three years. Intended to be cash settled; if settled in shares, up to 40.6m shares could be issued, using existing placement capacity.

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5 May 2026investor presentation● Neutral

Presentation delivered at the 5 May 2026 AGM. The visible text is only the cover note and disclaimer plus the start of a 2025 highlights slide; no new figures or results are shown.

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28 Apr 2026quarterly activities report● Neutral

March quarter 2026: partner planning and the carried leasing program have started, and the first test well is being planned. The partner has not committed to a spud date but is preserving a second-half 2026 option. Cash US$13.6m, no debt; the retained 10% interest sold 4,577 bbl.

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26 Feb 2026annual report● Neutral

Appendix 4G and 2025 corporate governance statement. Compliance disclosure only, with no new operating or financial information in the text shown.

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26 Feb 2026annual report▼ Bad

2025 annual report: net loss US$24.9m, mostly a US$20.7m non-cash impairment tied to the EQV sale and the partner's farm-in. Year-end cash US$14.2m, no debt. AGM set for 5 May 2026.

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30 Jan 2026resource reserve update● NeutralMajor

December quarter 2025 and year-end reserves: 2P+2C resource trimmed to 62 MMbbl from 65, and producing reserves fall to 124 Mbbl (NPV10 US$2.4m) after the EQV sale. Cash US$14.2m, no debt. Sales 48,900 bbl.

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31 Dec 2025asset acquisition disposition▲ GoodMajor

The EQV sale closed on 30 December 2025: 90% of producing well interests transferred, final price US$15.6m after adjustments. Macquarie Facilities A and C repaid in full and terminated. EQV takes over operations; first drilling with the partner is being prepared.

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15 Dec 2025investor presentation● Neutral

Notice that a recording of the December 2025 corporate presentation is on the company website. No new information in the text shown.

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27 Nov 2025farm in farm out agreement▲ GoodMajor

Two deals end the long partner search. A US-listed partner can earn 80% of about 46,100 net undeveloped acres by funding about US$46m of wells, carrying Australis's 20%. Separately, 90% of producing well interests sold to EQV for US$16.9m, allowing full debt repayment and about US$12m pro forma cash.

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23 Oct 2025admin correction● Neutral

Re-lodged September quarter report and Appendix 5B, correcting the stated currency from Australian to US dollars. Company says there are no other changes to figures or content.

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22 Oct 2025quarterly activities report● Neutral

September quarter 2025: sales 48,800 bbl (down 9%), EBITDA US$0.2m. Cash US$3.3m, debt US$4.8m, net debt US$1.5m. Acreage 47,300 net. Several potential partners still in diligence; no deal yet.

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16 Sept 2025admin correction● Neutral

Company says that from the September 2025 quarter it will lodge an Appendix 5B cash flow report with its quarterly report. Administrative notice with no operating or financial information.

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26 Aug 2025half year report● Neutral

First-half 2025: net loss US$1.9m (US$4.0m in 1H24), adjusted EBITDA US$0.7m, G&A down 30%. Net debt US$1.9m, covenants met. Company still seeks a partner, with no guarantee of a deal.

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30 July 2025quarterly activities report● Neutral

June quarter 2025: sales 53,700 bbl (down 5%), adjusted EBITDA about nil (from US$0.7m) after three workovers. Cash US$4.0m, debt US$5.9m, net debt US$1.9m. Acreage 47,400 net. Several new parties began partner due diligence; no deal yet.

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10 June 2025investor presentation● Neutral

Updated corporate presentation used to seek a Tuscaloosa Marine Shale partner. Company says it continues to discuss various partnering models and structures with potential partners. No new deal or figures in the text shown.

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22 May 2025investor presentation● Neutral

2025 AGM chairman's address and presentation. Chairman Stewart again calls third-party engagement 'encouraging yet ultimately frustrating' and says talks with several parties continue. He cites lower oil prices from US policy uncertainty. No deal announced in the text shown.

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23 Apr 2025quarterly activities report● Neutral

March quarter 2025: sales 56,700 bbl (down 8%), EBITDA US$0.7m. Cash US$5.6m, debt US$7.0m, net debt US$1.4m. Acreage 47,500 net. New inbound partner enquiries, and some parties are nearing the end of evaluation; no deal yet.

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26 Feb 2025annual report● Neutral

Appendix 4G and 2024 corporate governance statement. Compliance disclosure only, with no new operating or financial information in the text shown.

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26 Feb 2025annual report● Neutral

2024 annual report: net loss US$8.3m, driven by a US$5.7m non-cash write-down of expired leases and US$4.3m depletion. Adjusted EBITDA US$2.5m, cash US$6.2m, debt US$8.4m. AGM set for 22 May 2025. Board remains confident of finding a partner.

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31 Jan 2025resource reserve update▼ BadMajor

Year-end 2024 Ryder Scott update: 2P+2C resource cut to 65 MMbbl from 89, PDP reserves 1,624 Mbbl with NPV10 US$38m (from US$47m). Acreage 48,000 net. December quarter EBITDA US$0.8m, cash US$6.2m, debt US$8.4m. Partner diligence continues.

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23 Oct 2024quarterly activities report● Neutral

September quarter 2024: sales 60,300 bbl (down 6%), EBITDA US$0.6m. Cash US$7.2m, debt US$9.8m, net debt US$2.7m. Core acreage fell to 49,000 net. Hurricane Francine caused no major damage. Partner diligence continues; no deal.

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21 Aug 2024half year report● Neutral

First-half 2024: net loss US$4.0m (against US$13.8m), mostly a US$2.6m non-cash write-off of expired leases. Adjusted EBITDA US$1.2m, net debt US$3.6m. Company says it remains confident of a partner but gives no guarantee; no deal yet.

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26 July 2024quarterly activities report● Neutral

June quarter 2024: sales 64,431 bbl (down 4%), EBITDA US$0.7m (from US$0.4m) on lower G&A. Cash US$7.7m, debt US$11.3m. Core acreage fell to 53,800 net. Taylor 27H-1 workover succeeded and outperformed expectations. Partner talks continue; no deal.

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20 May 2024other● Neutral

A recording of the 14 May 2024 AGM webinar, with the chairman's address and CEO presentation, is available on the company website. Administrative, with no new information.

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