AUSTRALIS Oil & Gas has increased its Tuscaloosa Marine Shale acreage in Mississippi again, acquiring a further 5,000 acres and bringing the company's total region to 115,000 acres.
The junior is the largest acreage holder in the TMS core and has expanded its reach from 95,000 acres since early 2018. Australis has identified 20 well sites across the new lease and estimates...
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