Australian Oil Company Limited (ASX:AOK; OTC:SGCSF), formerly Sacgasco Limited until its name change in August 2024, is an Australia-based energy company focused on conventional oil and gas exploration, development, and production from under-explored opportunities near under-supplied markets. The company holds a portfolio of natural gas and oil producing wells in California's Sacramento Basin, including the North Sacramento assets such as Rancho Capay, Big Jake, Dempsey, and Stoney Creek; South Sacramento wells like Reclamation Board-7 and -8 producing 130 to 235 mscf/d; and additional prospects and discoveries at exploration and appraisal stages, with interests extending to Canada and an overriding royalty interest in offshore oil and gas production from three service contracts covering six discoveries in Palawan Island, Philippines, plus an option to participate in deepwater drilling in SC 58. Founded in 2005 and headquartered in Fremantle (with operations also referenced in Subiaco), Western Australia, Australian Oil primarily targets local markets in California and Canada while evaluating acquisitions of additional producing and exploration assets to enhance cash flows and shareholder value. Recent developments include a two-tranche capital raising of $800,000 completed in early 2025 to support operations; acquisition of pipeline infrastructure in the Rio Vista Gas Field to accelerate US expansion; ongoing due diligence for new ventures in Australia and East Africa targeting low-cost gas basins; operational optimizations such as compressor trials at Dempsey 1-15 and plans to recommission the Reclamation Board pipeline; and a settlement with a former director strengthening its balance sheet for strategic growth, alongside identification of infill drilling targets and up to two new wells over the next 12 months.