ASX Announcement 22 May 2025 For Immediate Release Chairmans Address and Company Presentation Material 2025 Annual General Meeting Please find attached to this document a copy of the Chairmans address and the presentation that will…
Chairmans Address 2025 Annual General Meeting Welcome to the 2025 AGM of Australis Oil & Gas. Thank you to those in attendance today. Our CEO Ian Lusted will address activities and business development in more detail in his…
ASX: ATS 2025 AGM Presentation 22 May 2025
2024 ESG and Financial results NOT FOR DISTRIBUTION OR RELEASE IN THE US 3
ESG summary - 2024 Australis reported another year of safe operations and reduced emissions Employee Safety Performance Strong safety culture for field operators resulted in 2024 2023 another exemplary performance with no safety Near…
Fiscal summary 2024 Solid 2024 fiscal performance continues to support strategic objectives Financial results Units 2024 Strong fiscal results during 2024 Sales Volume (WI) Bbls 254,000 Net Debt at US2.2 million at 31 Average…
2024 Operating Costs Our focus has been on production efficiency and operated costs Australis is a small operator active in an area that is remote to the major oil field service centers. Access to services and longer lead times can add…
Driving down workover frequency Driving down well workover frequency key to extending field life and minimizing operating costs Workover costs are a significant portion of the Australis operating budget. Workover frequency has been a…
Prudent fiscal management Careful fiscal management since Covid has maintained the opportunity whilst reducing fiscal exposure G&A reduction from US12.7 million in 2019 to US4.3million in 2024 Impact of operational improvements led…
Industry Status and the TMS NOT FOR DISTRIBUTION OR RELEASE IN THE US 9
Capital Discipline E&P Capex Public companies remained primarily focused on short term shareholder returns and not portfolio longevity. Reinvestment rates are lower Maximising free cashflow in 2024 remained the priority. Total…
Industry is maturing comparison of Dallas Fed survey Each year the Dallas Fed conducts a highly regarded survey of oil and gas executives. The charts below compare responses from 2021 and 2025 to the same question Dollars per barrel…
Well Performance in the Delaware Basin v TMS Average Well productivity is declining in the Permian (Delaware) Analysis from Novilabs shows 6-month oil productivity per lateral ft for the top 10 operators in the Delaware Basin…
Well Performance in the Delaware Basin v TMS Average Well productivity is declining in the Permian (Delaware) Analysis from Novilabs shows 6-month oil productivity per lateral ft for the top 10 operators in the Delaware Basin…
Well Performance in the Delaware Basin v TMS Average Well productivity is declining in the Permian (Delaware) Analysis from Novilabs shows 6-month oil productivity per lateral ft for the top 10 operators in the Delaware Basin…
Well Performance in the Delaware Basin v TMS Average Well productivity is declining in the Permian (Delaware) TMS 2014 well performance Analysis from Novilabs shows 6-month oil productivity per lateral ft for the top 10 operators…
Australis TMS Asset In the light of the industry status the TMS has the key attributes necessary to attract field development capital A delineated but undeveloped quality oil play is very scarce onshore in the USA Existing established…
Strategic Position with Scale in TMS Core Q1 2025 Australis controls the core area and is largest lease holder in the play Large contiguous land position in the TMS Core with 47,500 net acres (none on federal lands) providing…
Summary Although it has taken patience as time frames have extended, Australis remains in a unique position to create value 2024 Results Production Netback 7.3mm EBITDA 2.5mm Fiscal 254,000bbls (-3% vs 2023) (+150% vs 2023) (-8% vs…
Footnotes 1. Estimates from the independent Ryder Scott report, effective 31 December 2024 and dated 29 January 2025. The report was prepared in accordance with the definitions and disclosure guidelines contained in the Society of…