News: ATS Australis Oil & Gas Seeking Commitments From Investors To Raise Up To A$30.5 Mln, page-8

Jimmy my understanding is the ATS management are wanting to fast track up to 20 production wells spread evenly throughout their leases. The aim is to prove that they unquestionably hold the sweet spot in the TMS with strong economics. They have always stated "their aim unlike Aurora is not to become a big producer but to package the company for sale" with strong economics, good cash flows, clean balance sheet, long leases and a  large proven resource underground. They are well on their way. I would expect an announcement of an accelerated drill program to come. Some big fish will be watching this stock closely.