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MARKETS

Australis facing limited funding options

AUSTRALIAN-listed oil producer Australis Oil & Gas has done everything it can to remain afloat amid the oil price crash which hurtled markets into a vortex in the first half, but will need a joint venture partner to remain a viable business, at least according to RBC Capital Markets analysis.

paul hunt
TMSmapAustralis.png

TMSmapAustralis.png

  Just a year ago the company was an ASX300 All Ordinary oil producer celebrating a 73% rise in production from its US Tuscaloosa Marine Shale operations across Louisiana and Mississippi. Australis...

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