OPERATIONS

Australis shares fall on reserve update 

AUSTRALIS Oil and Gas has seen a double digit write down in all reserves and resources across its US patch, pushing the share price down over 4% this morning after an initial fall yesterday on the news. 

 Australis shares fall on reserve update 

  The company is active across the Tuscaloosa Marine Shale in Louisiana and Mississippi.    Shares have dropped from 4.5c each to 4c since Thursday morning.    Ryder Scott ran a ruler over its...

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