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3D Energi Confirms Second Otway Gas Discovery Amid JV Financial Pressure

12:47pm on Thursday 30th of April, 2026 AEST Energy
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3D Energi Confirms Second Otway Gas Discovery Amid JV Financial Pressure

12:47pm on Thursday 30th of April, 2026 AEST
Key Points
  • Second gas discovery at Charlemont-1 in Otway Basin
  • Joint venture cash calls total approximately US$7.7 million
  • ConocoPhillips initiates buy-out process for 20% VIC/P79 stake
  • Seismic surveys and geological studies advance in Bedout Sub-basin
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