Australis Oil & Gas Transfers 90% of Working Interest in Producing Well Inventory to EQV Partners Unit, Shares Jump 6%
MT Newswires Live
Dec 31, 2025
Australis Oil & Gas (ASX:ATS) said a financing transaction with a subsidiary of EQV Partners closed on Tuesday, and Australis transferred 90% of its working interest in the producing well inventory to the subsidiary, retaining 10% of its working interest, according to a Wednesday Australian bourse filing.
Certain adjustments led to a final adjusted purchase price of $15.6 million. Australis will also provide transition services to EQV for a fee over the next 60 to 90 days.
Australis added that it repaid all the outstanding debt and accrued interest due under the Facility A and Facility C held with Macquarie Bank.
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