BUZZ-Australis Oil & Gas on track to record best day ever on partnership with U.S. co ** Shares of Australis Oil & Gas ATS.AX rise as much as 92.3% to A$0.025, on track to record its best day ever, if trend holds
** Stock at its highest level since October 2023
** ATS partners with an established U.S. oil and gas co for development of Tuscaloosa Marine Shale (TMS), an emerging oil shale basin in the U.S.
** Co also agrees to sell its 90% of working interests in existing TMS producing wellbores for $16.9 million
** Nearly 9.9 million shares change hands, 8.3x the 30-day average volume
** Stock has risen 177.8% this year, including the session gains
(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com;))
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