Australis Oil & Gas Limited (ATS:ASX)
Australis Oil & Gas Limited is an Australia-based oil and gas company. The Company's principal activity is oil and gas exploration and development. The Company segment includes Oil & Gas Production and Exploration. Its Oil & Gas Production segment is engaged in development and production from oil & gas assets in the United States. Its Exploration segment is engaged in oil and gas exploration and evaluation in the United States and Portugal. The Company owns asset onshore being leases, wells and facilities in the Tuscaloosa Marine Shale (TMS) in the states of Louisiana and Mississippi in the United States. The Company holds over 107,500 net acres in the TMS core. The Company’s subsidiaries include Australis Europe Pty Limited, Australis USA 1 Pty Limited, Australis TMS Inc and Australis Services Inc.