Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from 3D Oil Limited ( (AU:TDO) ) is now available.
3D Energi Limited has announced the commencement of exploration drilling in the Otway Basin as part of its Otway Exploration Drilling Program, scheduled for October 2025. The company aims to explore high-impact gas targets with a combined mean prospective resource of 355 Bcf, with a high estimated chance of success. The project is supported by ConocoPhillips Australia, which will cover up to US$65 million in drilling costs, and all necessary regulatory approvals have been secured.
More about 3D Oil Limited
3D Energi Limited is a company operating in the energy sector, focusing on exploration and development of gas resources. The company is involved in high-impact exploration projects, targeting significant gas volumes in Commonwealth Waters.
Average Trading Volume: 170,508
Technical Sentiment Signal: Buy
Current Market Cap: A$36.68M
For an in-depth examination of TDO stock, go to TipRanks’ Overview page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money