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Australis commences eight well drilling campaign

Wells to target Tuscaloosa Marine Shale

Paul Hunt
Australis commences eight well drilling campaign

The program targets the Tuscaloosa Marine Shale, which has 1P reserves of 29 million barrels of oil, 2P reserves of 47 million barrels and a 3P reserve of 60 million barrels.    A month ago RBC Capital...

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