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3D Energi Advances Otway Drilling Plans Amid East Coast Gas Crunch

7:03pm on Monday 2nd of June, 2025 AEST Energy
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3D Energi Advances Otway Drilling Plans Amid East Coast Gas Crunch

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Advanced planning for Otway Exploration Drilling Program with Transocean Equinox rig arrival expected Q1 2025
  • ConocoPhillips Australia joint venture carries 3D Energi for US$65 million drilling costs for two wells
  • Consent received to surrender less prospective Gippsland Basin permit VIC/P74
  • Ongoing seismic evaluations refining prospective resource estimates in Otway Basin permits VIC/P79 and T/49P
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