MARKETS

Australis boosts TMS stake

AUSTRALIS Oil & Gas has announced its first major transaction since listing by buying the entire Tuscaloosa Marine Shale holdings of US independent Encana Corporation, including its first production.

Australis boosts TMS stake

While the TMS is still an emerging play, several years behind the Eagle Ford Shale, Australis' new acreage across the Louisiana/Mississippi border comes with net production of 1900 barrels of oil per day....

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