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Will ConocoPhillips Buy 3D Energi’s 20% Stake in VIC/P79?
9:22am on Wednesday 18th of March, 2026 AEDT
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Energy
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Will ConocoPhillips Buy 3D Energi’s 20% Stake in VIC/P79?
9:22am on Wednesday 18th of March, 2026 AEDT
Key Points
ConocoPhillips initiates buy-out process for 3D Energi's 20% VIC/P79 stake
Buy-out hinges on agreement or expert valuation of fair market value
30-day window for ConocoPhillips to exercise buy-out right after valuation
Potential dilution of 3D Energi's interest if buy-out not exercised
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