Latest Surat Basin Development News

Australian Oil Company Limited (ASX: AOK) has completed a second crude oil lifting from its Emu Apple Oil Field and identified fresh exploration anomalies in the Surat Basin, while progressing development plans and commercial negotiations for its Riverslea and Major Gas Fields.

Australian Oil Company Limited has completed its first crude oil lifting from the Emu Apple Oil Field, marking a key step in its Surat Basin development with steady production and active exploration underway.

Australian Oil Company Limited has formalised a 12-month crude oil lifting agreement with IOR Energy for its Emu Apple Oil Field, paving the way for steady cash flow and further development in the Surat Basin.