NORTH AMERICA

Australis rings in the cash

Australia's most recent oil and gas IPO posts profit from first full quarter as a US oil producer.

Australis rings in the cash

The average price per barrel was $47.21 with netbacks of $25.44/bbl, or S3.79 million for the quarter. Australis secured its production base by closing a deal in April for $68.3 million with US oiler...

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