Australis (ATS) is focusing on upstream operations in the oil and gas sector, aiming to deliver shareholder value and sustainable growth. The company strategically develops its onshore oil and gas assets in the United States of America, particularly in the core area of the oil-producing TMS (Tuscaloosa Marine Shale). Currently, Australis holds significant reserves, including 2.7 million barrels of producing reserves (mid-case scenario), generating consistent free cash flow. Additionally, the company estimates approximately 86.3 million barrels of mid-case 2C recoverable oil, highlighting its robust potential for future development and expansion in the sector.