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Australian Oil Company Limited (ASX:AOK)

ALERT: Price-sensitive ASX Announcement for AOK
Current share price for AOK : $0.002 0 (0%)+
Announcement
Release
13 Jul 2026 9:27AM
Price at Release
$0.002
Full Release
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Summary
The Australian Oil Company Limited is advancing its Surat Basin Phase 1 development initiatives with an independent assessment by Energetica Consulting. Focused on the Emu Apple Oil Field and Riverslea Field, efforts aim to restore production and explore new drilling prospects. A Later Development Plan for Riverslea has been submitted to the Queensland Department of Natural Resources. The company continues to evaluate new ventures and focus on expanding production while ensuring robust resource certification. Engagements include seismic mapping and assessments to enhance exploration and production capabilities.
Key Points
  • Australian Oil Company Limited (AOK) is focused on developing resources in the Surat Basin.
  • Engagement with Energetica Consulting for independent resource reporting across Surat Basin licenses.
  • The Emu Apple Oil Field is undergoing interventions to restore and boost productivity.
  • A Later Development Plan (LDP) has been lodged for the Riverslea Field production reinstatement.
  • Potential new venture evaluations are ongoing to complement Surat Basin operations.
  • Energetica Consulting has commenced 3D seismic mapping in the Greater Riverslea area.
  • Examinations of potential infill well targets near Major-4 in the Major Gas Field.
  • Australian Oil Company Limited aims to expand production and secure resource certification.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.