Australis Oil and Gas

The initial well of a TMS carried work program with our US-listed development partner. The well has been approved by our partner and was permitted by the Mississippi Oil and Gas Board.

The Well

Willson 1H

Our partner will fund an initial US$1 million leasing program and 100% of the development costs up to US$46.25 million to earn an interest in the Australis TMS acreage.  So the Willson 1H is not funded from our own balance sheet.

Who funds it?

Carried Work Program

Current planned timing for the drilling of the Willson 1H subject to rig availability.

Timing

Fourth Quarter 2026 

Road to Willson 1H

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Australis Oil and Gas Investor Hub

Our first operated test well in the Tuscaloosa Marine Shale. This page follows it from permit through to result, with the background, the videos, the questions we are being asked and every announcement that matters, all in one place.

If you are new to the Australis story, start here. Three things worth knowing before anything else makes sense.

Short stories from Ian Lusted and Darren Wasylucha on the parts of our story that an announcement cannot really cover.  A few minutes each, released between now and the spud of Willson 1H.

Announcements behind this project