Highlights

• Australian Oil Company completed its second oil lifting from the Emu Apple Oil Field, producing 422 barrels and continuing efforts to improve production performance.
• The company is progressing development plans across the Riverslea and Major Gas fields while advancing commercial negotiations for future oil and gas sales.
• New exploration targets identified within PL 264 could expand the company’s resource potential across its Surat Basin portfolio.

Australian Oil Company Limited (ASX:AOK) has provided investors with a comprehensive operational update covering its oil and gas assets in Queensland’s Surat Basin. The announcement highlights ongoing production activities, new…