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Australian Oil Completes Surat Basin Acquisition and Starts Crude Lifting
7:20pm on Thursday 30th of April, 2026 AEST
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Energy
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Australian Oil Completes Surat Basin Acquisition and Starts Crude Lifting
7:20pm on Thursday 30th of April, 2026 AEST
Key Points
Surat Basin acquisition completed with regulatory transfers pending
First crude oil lifting from Emu Apple exceeds expectations
Technical reviews reveal iodine anomalies indicating exploration potential
12-month lifting agreement signed with IOR Energy linked to Brent crude
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