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Australis Oil & Gas ( (AU:ATS) ) has provided an update.
Australis Oil & Gas has completed its previously announced financing transaction with a subsidiary of EQV Partners LLC, transferring 90% of its working interest in its producing well inventory and operatorship to EQV while retaining a 10% stake. The deal, effective from 1 July 2025 and closing on 30 December 2025, resulted in an adjusted purchase price of US$15.6 million, which Australis has used to fully repay all outstanding debt and accrued interest under its facilities with Macquarie Bank, leading to the termination of those credit lines and release of associated security. Australis will provide short-term transition services to EQV and continues to prepare with its separate development partner for the first drilling program under that agreement, marking a shift towards a lighter balance sheet and a more partnership-driven operating model.
The most recent analyst rating on (AU:ATS) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Australis Oil & Gas stock, see the AU:ATS Stock Forecast page.
More about Australis Oil & Gas
Australis Oil & Gas is an Australia-based oil and gas company focused on upstream exploration and production, with a portfolio that includes producing wells in the Tuscaloosa Marine Shale (TMS) region. The company’s strategy centres on developing its shale oil assets through partnerships and structured financing to optimise production, manage operational risk and strengthen its balance sheet.
YTD Price Performance: 40.0%
Average Trading Volume: 2,476,066
Technical Sentiment Signal: Hold
Current Market Cap: A$18.63M
See more insights into ATS stock on TipRanks’ Stock Analysis page.