Australian Oil Company Limited
208 Bagot Road, Subiaco WA 6008 Australia
ACN 114 061 433
Operations Update
SCU #1-24 Exploration Well
San Joaquin Basin, California
Australian Oil Company (ASX:AOC) is pleased to report that a completion rig is due at the well site on Tuesday the 21st of August. It is anticipated that rig up will take a further 7 days after arrival to perforate the well and commence the flow testing of the well.
AOC, through its wholly owned subsidiary SACGASCO LLC, has earned a 32.81% working interest in 422 acres in the Coalinga area and is the only publicly listed company in the Joint Venture.
hm not the best result the market was looking for, down she goes today anyway
exploration well update, page-2
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