Proactive - Interviews for investors

Surat & Sacramento: Australian Oil expands in the US and Australia

Episode Summary

Australian Oil Company Limited (ASX:AOK) managing director Kane Marshall talked with Proactive's Stephen Gunnion about the company’s diversified strategy across gas and oil markets in both the United States and Australia. Marshall outlined the company's expansion in the Sacramento Basin in California, where it has increased its working interest without a cash outlay. He noted that this consolidation gives the company greater control and positions it well amid rising demand for energy from data centres and critical industries. “We sort of can dictate our own terms, so to speak,” he said, referring to the advantages of consolidation amid recent mergers in the US sector. In Australia, the company has secured a strategic package in Queensland’s Surat Basin, including producing fields, 3D seismic coverage, and nearby pipeline infrastructure. Marshall pointed out that gas prices remain attractive and that the assets are near a refinery selling oil at AU$100 a barrel, making the economics "extremely attractive". Marshall emphasised that both the US and Australian markets are “hungry for gas” and the company is delivering on its stated goals by entering these regions. He said the company remains focused on deploying capital into the highest-impact projects and hinted at upcoming exploration efforts in both jurisdictions. As the company heads into 2026, investors can expect updates on drilling prospects and production increases, particularly in Queensland. Marshall also referenced other active operators in the area and sees further corporate activity as likely. Visit Proactive’s YouTube channel for more interviews like this. Don’t forget to like the video, subscribe, and turn on notifications so you never miss an update. #AustralianOilCompany #OilAndGas #KaneMarshall #SuratBasin #SacramentoBasin #NaturalGas #EnergyInvesting #AussieEnergy #DataCenters #EnergyInfrastructure #CaliforniaGas #QueenslandGas #OilExploration #InvestorUpdates #ProactiveInvestors