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As oil prices surge, domestic supplier Australian Oil Company is already ahead of the game
Summary by Stockhead
1 Articles
1 Articles
As oil prices surge, domestic supplier Australian Oil Company is already ahead of the game
As war lets oil prices off the leash, Australian Oil Company is one of the few ASX plays producing domestic product It wants to ramp up output from the Emu Apple and Riverslea fields in Queensland’s Taroom Trough, which historically produced more than 750,000 barrels Existing infrastructure and well optimisation could enable combined production to lift beyond 100 barrels per day this year As attention on Australia’s oil security intensifies an…
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