Australian Oil Company Limited

United States focused oil & gas produer AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is pleased to update shareholders on its continued well development program at the company's 100% owned 5,500 acre Snake River Project in Kay County, Oklahoma.

United States focused oil & gas produer AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is pleased to update shareholders on its continued well development program at the company's 100% owned 5,500 acre Snake River Project in Kay County, Oklahoma.

United States focused oil & gas produer AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is pleased to update shareholders on its well development program at the company's 100% owned 5,500 acre Snake River Project in Kay County, Oklahoma.

United States focused oil & gas produer AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is pleased to report that it has made significant progress with its well development program at the company's 100% owned Snake River Project, Kay County, Northern Oklahoma. The Snake River Project is targeting the liquids-rich Mississippi Lime Play which extends from Northern Oklahoma to Kansas.

AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) wishes to advise of the appointment of Mr Justin Clyne to the Board as a non-executive director pursuant to clause 12.7 of the Company's Constitution effective from today. Justin's appointment as a director is in addition to his current role as Company Secretary, which he has held since April 2009.

United States focused oil & gas producer and explorer AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is pleased to update shareholders on its exploration and development activities in North West Kansas.

AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is an oil and gas exploration and production company with operations in Kansas and Oklahoma, in the mid-continent of the United States of America.

United States focused oil & gas produer AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is pleased to report oil and gas production rates for the month of June 2012. Production for the month of June increased to 299 BOE, a 75% increase on the prior month. The increase was due largely to the contribution from the Balder #1 horizontal well, in which AusTex participated with Range Resources Inc. (NYSE:RRC).

United States focused oil & gas producer and explorer AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is pleased to update shareholders on its well development program at its 5,500 acre Snake River Project in Northern Oklahoma. AOK holds a 100% Working Interest and ~80% Net Revenue Interest in this project.

United States focused oil & gas producer and explorer AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is pleased to report that its well development and exploration program in Kansas and Oklahoma continues to be fast-tracked with high levels of activity across all projects.