The Company is pleased to report that all personnel are safe and well and apart from electrical power outages throughout most of the field, caused by fallen trees damaging power lines, there has been no material damage or environmental impact within the field. As power is restored, production from wells within the affected areas can recommence as we have been advised the refinery we sell to is expecting to be operational on Tuesday 31 August (USCST) and oil haulers are available. It is anticipated the electrical power supplier will systematically restore the supply of electricity to the Company's well locations in the coming few days.
Contact:
Tel: +61 8 9220 8700
About Australis
Australis is an upstream oil and gas company seeking to provide shareholders value and growth through the strategic development of its quality onshore oil and gas assets in
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