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Australis Oil & Gas Limited (ASTTF) Discusses Strategic Transactions and Development Plans for Key Oil Asset Prepared Remarks Transcript

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Australis Oil & Gas Limited (ASTTF) Discusses Strategic Transactions and Development Plans for Key Oil Asset Prepared Remarks Transcript

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SA Transcripts157.36K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Australis Oil & Gas Limited (ASTTF) Discusses Strategic Transactions and Development Plans for Key Oil Asset December 14, 2025 7:00 PM EST Company Participants Ian Lusted - CEO, MD & Director Presentation Ian LustedCEO, MD & Director Welcome, and thank you for taking the time to watch this December 2025 corporate presentation, which we've recently used with brokers, analysts and shareholders following the 2 strategic transactions that we recently announced. For those of you that are new to the company or perhaps for those of you who haven't spent too much time with us recently, I intend to provide a little background on the company, the team, to give you a short history of our key asset and share why we are still excited by its potential to move to full field development. Then we'll briefly discuss the 2 transactions that were announced at the end of November and how they deliver on all of the key strategic objectives we've been trying to accomplish over the last few years. Overall, that will take about 15 minutes. And then for those that are interested, there are several additional slides at the back of this particular pack, and they provide more details on the 2 transactions or of course, I can refer you back to the announcement, which was released on the 26th of November 2025. So Australis was founded by the principles and management of Aurora Oil & Gas, which was another ASX-listed company that participated in the development of one of the major unconventional plays in the U.S. called the Eagle Ford. That company was sold in 2014 to a Canadian company called Baytex for USD 1.8 billion. Shortly afterwards, the team reformed as Australis, and we commenced the process of trying to identify a target asset. We have 3 key criteria. We wanted exposure to oil. We wanted the

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