The Subiaco-based company has struck two deals worth a combined $A96 million that will strengthen its balance sheet and allow the vesting of 133 million performance rights.
Australis Oil & Gas is taking action to preserve cash reserves through a number of cost-reduction measures as it deals with the current low oil price and impacts of COVID-19.
A private Perth company led by former oil and gas executive Andrew Ross is close to realising its vision of building artificial wave parks across Australia.
Subiaco-based Australis Oil & Gas has held its ground on its ASX debut, following completion of a $30 million initial public offering earlier this month.
The team behind Western Australian success story Aurora Oil & Gas has quietly completed a $24 million private placement, the first capital raising for their new oil and gas play, three months after acquiring their first assets in Portugal.
Far away from the carnage in the iron ore sector, directors at select Western Australian companies in the gold, oil and gas and engineering sectors are being handsomely rewarded through the exercis
