Australian Oil Co. Ltd. engages in the exploration of oil and gas in Australia and overseas. The company is headquartered in Fremantle, Western Australia. The company went IPO on 2005-10-11. The firm is focused on conventional oil and gas exploration and production in the Sacramento Basin in California. The firm operates through two segments: oil and gas exploration and appraisal, and oil production. The company has a portfolio of natural gas and oil producing wells in addition to prospects and discoveries at various exploration and appraisal stages. The firm is also engaged in the process of evaluating the acquisition of oil and gas producing and exploration assets.
