ATS australis oil & gas limited

Ann: Chair's Address to Shareholders and Presentation, page-4

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    Extract: Even though analysts forecast U.S. spot crude prices would decline for a third year in a row in 2025, the U.S. Energy Information Administration (EIA) projected crude output would rise from a record 13.2 million barrels per day (bpd) in 2024 to around 13.4 million bpd in 2025.

    https://hotcopper.com.au/data/attachments/7037/7037978-863f7b0c12755976d16fc8ec590c8128.jpg


    https://www.reuters.com/business/energy/us-drillers-cut-oil-gas-rigs-lowest-since-november-2021-baker-hughes-2025-05-30/?utm_campaign=trueAnthem%3A+Trending+Content&utm_medium=trueAnthem&utm_source=facebook&fbclid=IwY2xjawKoh4BleHRuA2FlbQIxMQBicmlkETFZN0NrbWd1akxSbDZGVXk0AR6AT2fVwMwrk7ngXfR9ox5__FNYWvuMQ8GRCEUeoTgFr3wkJKte6QuqPzMElA_aem_BidIz4A8-JehDEr_zNIj8A

 
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