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Australian Oil Lifts Maiden 422 Barrels at $151 Average in Surat Basin
8:27pm on Friday 15th of May, 2026 AEST
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Energy
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Australian Oil Lifts Maiden 422 Barrels at $151 Average in Surat Basin
8:27pm on Friday 15th of May, 2026 AEST
Key Points
First oil lifting yielded 422 barrels at $151 AUD per barrel
Next lifting planned for around 400 barrels in mid-May
Production steady at 15 barrels per day with 30% water cut
Assays from Riverslea-3 to support crude sales agreement
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Australian Oil Company (ASX:AOK)
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