Australian Oil Company Limited · ASX:AOK
Australian Oil — Investor Presentation (May 2026)
28 slides from Australian Oil's investor presentation, May 25, 2026
Slide 1: Investor Presentation May 2026
For personal use only INVESTOR PRESENTATION May 2026 ASX: AOK australianoilco.com.au
Slide 2: Important Notice & Disclaimer
IMPORTANT NOTICE & DISCLAIMER For personal use only This presentation has been prepared by Australian Oil Company Limited (ACN 114 061 433) (ASX: AOK) (the Company) for information purposes only. It does not constitute financial product advice, an offer to issue or sell, or a solicitation to buy, an
Slide 3: Company Overview
For personal use only Company Overview Australian-based conventional oil & gas E&P AUSTRALIAN OIL COMPANY LIMITED | ASX: AOK
Slide 4: Company at a Glance
Company at a Glance For personal use only 1.893B >750K 100% 3 Shares on Issue Barrels Produced Working Interest Active Petroleum (Combined Historical) Surat Basin Assets Leases (QLD) Australian Oil Company Limited (ASX: AOK) is an Australian-based energy company focused on under-explored, high-quali
Slide 5: Board & Governance
For personal use only Board & Governance AUSTRALIAN OIL COMPANY LIMITED | ASX: AOK
Slide 6: Board and Advisory to Drive Growth
Board and Advisory to Drive Growth For personal use only Kane Marshall Piers Lewis Bill Ashby Managing Director Non-Executive Director Non-Executive Director Neil Taylor Len Diekman Tony Rudge East Africa NV Exploration and Frontier Exploration Manager Development Manager Specialist and Geophysicist
Slide 7: Operational Update: Surat Basin, Queensland
For personal use only Operational Update Surat Basin, Queensland AUSTRALIAN OIL COMPANY LIMITED | ASX: AOK
Slide 8: Surat Basin Portfolio — 100% Working Interest
For personal use only Surat Basin Portfolio — 100% Working Interest PL 264 PL 30 PL 512 / PPL 22 Emu Apple Oil Field Riverslea & Yapunyah Major Gas Field & Pipeline • Currently producing ~15 BOPD • 564,000 barrels produced to date • Major Gas Field with up-dip gas (Emu Apple-1) • Riverslea-1 & -3 sh
Slide 9: Assets Strategically Located in the Taroom Trough
Assets –Strategically Located -Taroom Trough For personal use only AUSTRALIAN OIL COMPANY LIMITED | ASX: AOK | MAY 2026 9 Historical production figures sourced from previous operator records: ADZ Energy Pty Ltd, Armour Energy Limited and Origin Energy Limited. The information in this presentation ha
Slide 10: Major Gas Field (PL 512) — Mapping Reserves
For personal use only Major Gas Field (PL 512) — Mapping Reserves CURRENT STATUS NEXT STEPS • Historically produced approximately 6 Bcf with • Complete immediate geological mapping and water drive from Major wells that are integration of production data to finalise range interpreted in close proximi
Slide 11: Major Gas Field – Preliminary Mapping
For personal use only Major Gas Field – Preliminary Mapping Top Showgrounds depth map (preliminary with potential Seismic Line HSB-967 from SAMARI PLAINS & EXTENSION 2D 1982 survey material up-dip potential from the Major wells) from T to T’ on map on left AUSTRALIAN OIL COMPANY LIMITED | ASX: AOK |
Slide 12: Major Gas Field – Infrastructure
For personal use only Major Gas Field – Infrastructure AUSTRALIAN OIL COMPANY LIMITED | ASX: AOK | MAY 2026 12 Historical production figures sourced from previous operator records: ADZ Energy Pty Ltd, Armour Energy Limited and Origin Energy Limited. The information in this presentation has been comp
Slide 13: Emu Apple Oil Field — Production & Sales (PL 264)
For personal use only Emu Apple Oil Field — Production & Sales (PL 264) $151 422 bbl AUD $63,722 ~400 bbl Maiden Lifting Average Price Revenue Next Lifting 31 March 2026 per Barrel Maiden Lifting ≤18 May 2026 • Crude oil and condensate lifting agreement with IOR Energy Pty Ltd — 12-month term, price
Slide 14: Emu Apple Oil Field — Infrastructure
For personal use only Emu Apple Oil Field — Infrastructure AUSTRALIAN OIL COMPANY LIMITED | ASX: AOK | MAY 2026 14 Historical production figures sourced from previous operator records: ADZ Energy Pty Ltd, Armour Energy Limited and Origin Energy Limited. The information in this presentation has been
Slide 15: Riverslea Oil Field — Restart Plan (PL 30)
For personal use only Riverslea Oil Field — Restart Plan (PL 30) CURRENT STATUS NEXT STEPS • 564,000 barrels produced to date (~400,000 • Complete crude assay — progress separate from Riverslea-3) offtake agreement with IOR for Riverslea (and • Riverslea-1 and Riverslea-3 shut-in; good potentially Y
Slide 16: Riverslea Oil Field — Primed for Restart
For personal use only Riverslea Oil Field — Primed for Restart • Well test of Riverslea-3 last year at ~20 bopd with 90% water cut and no pump (left) • Well testing operations with pond infrastructure to the north-east (above) AUSTRALIAN OIL COMPANY LIMITED | ASX: AOK | MAY 2026 16 Historical produc
Slide 17: California Portfolio — Onshore Sacramento Basin
For personal use only California Portfolio — Onshore Sacramento Basin The Company holds a portfolio of natural gas and oil assets in the Sacramento Basin, California. These assets are operated on a majority basis and are held under HBP (Held by Production) leases. The Company continues to assess and
Slide 18: California — South and North Sacramento Basin
For personal use only California— South and North Sacramento Basin North Sacramento Basin Lease Position South Sacramento Basin Lease Position AUSTRALIAN OIL COMPANY LIMITED | ASX: AOK | MAY 2026 18
Slide 19: Exploration & Development Opportunities
For personal use only Exploration & Development Opportunities Surat Basin, Queensland AUSTRALIAN OIL COMPANY LIMITED | ASX: AOK
Slide 20: Exploration & Development Pipeline
For personal use only Exploration & Development Pipeline NEAR-FIELD NEAR-FIELD EXPLORATION Yapunyah Up-Dip (PL 30) Riverslea SE Extension (PL 30) Greater Riverslea Plays (PL 30) 3D seismic indicates Yapunyah-1 drilled near Historical well drilled outside closure. 6m Basal Seismic amplitude anomalies
Slide 21: Corporate Overview
For personal use only Corporate Overview AUSTRALIAN OIL COMPANY LIMITED | ASX: AOK
Slide 22: Capital Structure — May 2026
For personal use only Capital Structure — May 2026 ALL UNLISTED OPTIONS ON ISSUE 1.893B Number Exercise Price Expiry Shares on Issue 10,000,000 $0.025 30-Apr-2029 (post Tranche 1) 10,000,000 $0.035 30-Apr-2029 10,000,000 $0.045 30-Apr-2029 APRIL 2026 PLACEMENT 125,937,937 $0.008 30-Jun-2026 296,439,
Slide 23: Tenement Summary — March 2026
For personal use only Tenement Summary — 31 March 2026 Project Key Lease / Asset Location WI Status PL 264 † Emu Apple Oil Field Surat Basin, QLD 100% Producing (renewal APL 1170 in progress) PL 30 † Riverslea & Yapunyah Oil Fields Surat Basin, QLD 100% Shut-in; restart planned PL 512 & PPL 22 † Maj
Slide 24: March 2026 Quarter — Cash Flow Summary
March 2026 Quarter — Cash Flow Summary Item $A'000 For personal use only Receipts from customers 46 1.07 qtrs Production expenditure (119) Estimated funding runway at qtr end Staff costs (74) Administration and corporate costs (244) $2.03M Interest received 5 Capital raising post-quarter Net cash us
Slide 25: 2026 Execution Roadmap
For personal use only 2026 Execution Roadmap Surat Basin focus AUSTRALIAN OIL COMPANY LIMITED | ASX: AOK
Slide 26: 2026 Execution Roadmap
For personal use only 2026 Execution Roadmap Q1 2026 Q2 2026 Q3 2026 Q4 2026 COMPLETED ✓ IN PROGRESS PLANNED PLANNED • Surat Basin acquisition • Transfer of petroleum • Drill target identification • Drill 1 high impact unconditional lease titles (in progress) & secured drilling services exploration
Slide 27: Competent Person Statement
COMPETENT PERSON STATEMENT For personal use only Qualified Person Historical Production Data The technical information in this presentation has been compiled by Kane Historical production figures quoted in this presentation for the Emu Apple Marshall, Managing Director of Australian Oil Company Limi
Slide 28: Thank You
For personal use only Thank You Head Office: Level 1, 31 Cliff Street, Fremantle WA 6160 | T: +61 8 9435 3200 General Enquiries: enquiries@australianoilco.com.au Managing Director: Kane Marshall | companysecretary@australianoilco.com.au Investor Relations: Stewart Walters | stewart@marketopen.com.au
Australian Oil Company — Investor Presentation (May 2026) on 6ix