Australis Oil & Gas' Deal With EQV Validates Commercial Credentials of TMS Play, Says Euroz Hartleys

MT Newswires Live
11/27

Australis Oil & Gas' (ASX:ATS) deal with EQV group provides validation on the geological and commercial credentials of the Tuscaloosa Marine Shale (TMS) play, with the development partnering set to unlock the value of the large undeveloped TMS resource, according to a Thursday Euroz Hartleys note.

ATS has agreed to sell a 90% interest in its producing wells for $16.9 million to an affiliate of EQV Group, the research firm noted.

The deal allows the full amount of drawn debt to be repaid and provides a pro forma cash balance of $21 million as of January 2026.

Euroz Hartleys maintained its speculative buy rating on ATS with its price target of AU$0.08 under review.

The company's shares surged almost 54% in recent Thursday trade and earlier hit a 52-week high.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10