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SES - Australis confirms Tier 1 productivity of TMS position - September 19, 2019

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Australis Oil & Gas Ltd.’s initial Tuscaloosa Marine Shale development program has given the company confidence in the Tier 1 productivity of its TMS holdings, and results thus far are exceeding the Australia-listed E&P firm’s benchmark type curve for the play. The goal of the pilot program, which commenced in 4Q18, is to demonstrate the value of over 200 MMbbl of undeveloped oil reserves and resources over 400 net well locations. All six planned......
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