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3D Oil Limited
(Sydney:TDO)
3D Oil Limited (TDO) vs. iShares MSCI Australia ETF (EWA)
3D Oil Limited Business Overview & Revenue Model
3D Oil Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 4.19M | 0.00 | 0.00 |
| Gross Profit | -85.17K | -85.17K | -93.06K | -119.74K | -121.28K | -118.14K |
| EBITDA | -1.42M | -1.39M | -2.07M | 2.85M | -1.02M | -1.01M |
| Net Income | -1.48M | -1.48M | -2.17M | 3.41M | -1.15M | -1.14M |
Balance Sheet | ||||||
| Total Assets | 10.01M | 10.01M | 11.53M | 10.66M | 7.90M | 8.76M |
| Cash, Cash Equivalents and Short-Term Investments | 812.53K | 812.53K | 3.25M | 3.31M | 1.34M | 3.14M |
| Total Debt | 0.00 | 0.00 | 96.27K | 190.03K | 266.04K | 96.61K |
| Total Liabilities | 462.05K | 462.05K | 661.69K | 757.06K | 1.42M | 1.15M |
| Stockholders Equity | 9.55M | 9.55M | 10.87M | 9.91M | 6.47M | 7.61M |
Cash Flow | ||||||
| Free Cash Flow | -1.82M | -1.16M | -3.07M | -2.44M | -1.72M | -1.94M |
| Operating Cash Flow | -1.16M | -1.16M | -1.39M | -1.41M | -997.47K | -1.05M |
| Investing Cash Flow | -1.19M | -1.19M | -1.67M | 3.44M | -721.46K | -888.58K |
| Financing Cash Flow | -98.36K | -98.36K | 3.00M | -76.01K | -86.67K | -91.13K |
3D Oil Limited Technical Analysis
3D Oil Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | AU$54.95M | 7.02 | 21.06% | ― | 17.42% | -38.46% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
64 Neutral | AU$39.51M | 8.42 | 4.81% | ― | 53.56% | -67.96% | |
44 Neutral | AU$41.94M | -17.78 | -14.52% | ― | ― | 40.00% | |
44 Neutral | AU$26.68M | -7.27 | -13.99% | ― | ― | ― | |
42 Neutral | AU$33.30M | -11.30 | -171.19% | ― | -7.70% | -253.33% | |
40 Underperform | AU$42.30M | -6.97 | -28.51% | ― | ― | ― |
3D Oil Limited Corporate Events
3D Energi Limited has applied to the ASX for quotation of a new class of options, with 103,121,429 TDOO options to be listed, each expiring on 27 February 2028. The issue of these options, previously flagged to the market, is expected to expand the company’s listed securities base and may provide additional future capital inflow opportunities as options are exercised, potentially supporting ongoing exploration and development activities.
The move underscores 3D Energi’s efforts to deepen its engagement with capital markets and broaden its investor participation through derivative securities. By extending its securities structure with long-dated options, the company is positioning itself to access incremental funding over time while offering investors leveraged exposure to its future performance in the energy sector.
The most recent analyst rating on (AU:TDO) stock is a Sell with a A$0.08 price target. To see the full list of analyst forecasts on 3D Oil Limited stock, see the AU:TDO Stock Forecast page.
3D Energi Limited has notified the market of the issue of 41,681,847 unlisted options, which are unquoted securities not intended to trade on the ASX. The options, issued on February 26, 2026, form part of a previously announced transaction, indicating a deliberate use of equity instruments to structure funding or incentives without immediate dilution in the quoted market.
This move underscores the company’s ongoing capital management strategy, potentially aligning management or stakeholder interests through options while maintaining control over its listed share structure. The sizeable unlisted grant may signal preparations for future operational initiatives or strategic projects, with implications for longer-term ownership dynamics rather than short-term trading liquidity.
The most recent analyst rating on (AU:TDO) stock is a Sell with a A$0.08 price target. To see the full list of analyst forecasts on 3D Oil Limited stock, see the AU:TDO Stock Forecast page.
3D Energi Limited remains suspended from quotation on the ASX after failing to provide a required market update on its funding position and the impact of a payment default on its interest in the VIC/P79 exploration permit. The ASX has converted the suspension into an exchange-imposed halt under Listing Rule 17.3 and will not reinstate trading until it is satisfied that the company complies with its continuous disclosure obligations and broader listing requirements.
The extended suspension heightens uncertainty for shareholders and signals regulatory concerns over the adequacy and timeliness of 3D Energi’s disclosure practices. It also raises questions about the security of the company’s stake in a key exploration asset and may affect market confidence in its financial resilience and operational continuity.
The most recent analyst rating on (AU:TDO) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on 3D Oil Limited stock, see the AU:TDO Stock Forecast page.
3D Energi Limited has received a second default notice from the operator of the Otway Phase 1 Drilling Program, where it holds a 20% stake in the VIC/P79 exploration permit. The company failed to pay approximately US$7.7 million in cash calls due on 6 February, including US$4.8 million tied to additional drilling expenditure.
Under the joint operating agreement, partners ConocoPhillips SH2 Pty Ltd and Korea National Oil Corporation may now exercise remedies such as dilution or buy-out of 3D Energi’s interest if the first default notice is deemed valid. The extent of 3D Energi’s ongoing participation in the permit remains unresolved, and its shares are expected to remain suspended from trading while these default implications are worked through.
The most recent analyst rating on (AU:TDO) stock is a Sell with a A$0.08 price target. To see the full list of analyst forecasts on 3D Oil Limited stock, see the AU:TDO Stock Forecast page.
Shareholders of 3D Energi Limited have backed key capital management measures at a general meeting held on 9 February 2026. Investors approved the ratification of a prior share issue and endorsed the issuance of placement options tied to a recent placement, with both resolutions carried by strong majorities on a poll.
The support for these resolutions consolidates the company’s recent fundraising activities and provides additional flexibility to structure equity-based financing. This outcome is likely to strengthen 3D Energi’s balance sheet and underpins its capacity to fund ongoing operations and potential exploration or development initiatives, offering greater certainty for existing stakeholders.
The most recent analyst rating on (AU:TDO) stock is a Sell with a A$0.08 price target. To see the full list of analyst forecasts on 3D Oil Limited stock, see the AU:TDO Stock Forecast page.
3D Energi Limited has disclosed that it remains in default on cash calls related to the Otway Phase 1 Drilling Program in the VIC/P79 exploration permit, with an outstanding balance of about US$2.5 million and an additional US$5.3 million due that was not paid by the 6 February deadline. The unresolved payment default has triggered industry-standard processes under the joint operating agreement that could dilute or otherwise alter its 20% participating interest, while trading in the company’s shares remains suspended on the ASX as it seeks to address its funding position and obtain shareholder approval to refresh its placement capacity.
The company’s ongoing financial shortfall and the potential consequences for its stake in the Otway project introduce material uncertainty for shareholders and partners, as any dilution or buy-out would directly affect its exposure to future exploration upside in the permit. With the implications of the default still undetermined and the suspension of trading likely to continue, investors face extended opacity over 3D Energi’s asset base and capital structure until further updates are provided under its continuous disclosure obligations.
The most recent analyst rating on (AU:TDO) stock is a Sell with a A$0.08 price target. To see the full list of analyst forecasts on 3D Oil Limited stock, see the AU:TDO Stock Forecast page.
3D Energi Limited has requested and received a voluntary suspension of trading in its ordinary shares on the ASX under Listing Rule 17.2, effective immediately, while it prepares a further announcement. The company indicated that the suspension is needed as it continues to assess its funding position and the impact of a payment default on the level of its ongoing interest in the VIC/P79 exploration permit, with the suspension expected to remain in place until either 6 February 2026 or the release of a clarifying market update, signaling uncertainty around its project participation and near-term financial footing.
The most recent analyst rating on (AU:TDO) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on 3D Oil Limited stock, see the AU:TDO Stock Forecast page.
3D Energi Limited has reported that total costs for its Phase 1 Otway drilling program in the VIC/P79 permit, covering the Essington-1 and Charlemont-1 exploration wells, have significantly exceeded pre-drill estimates, leaving the company with an outstanding joint venture cash-call balance of about US$2.5 million and further forecast expenditure of roughly US$5.3 million. Unable to meet these obligations at present, the company has received a default notice from the joint venture operator, is suspending trading of its shares while it addresses funding options, and faces potential dilution or buy-out of its 20% interest under standard joint operating agreement default provisions, highlighting near-term financial and ownership-risk pressures despite recent operational success.
Operationally, Phase 1 has delivered two gas discoveries that extend the established Otway gas fairway into VIC/P79, with Essington-1 confirming gas in the Waarre C and Waarre A reservoirs—marking the Otway Basin’s first gas discovery since 2021—and Charlemont-1 encountering gas in the shallow Waarre C and deeper Waarre A intervals, underpinning the prospectivity of the Charlemont trend and cluster. Essington lies about 12 kilometres from existing pipeline infrastructure and early data indicate relatively low CO₂ content and associated liquids, positioning these discoveries as potentially attractive additions to future east coast gas supply, subject to further technical and commercial appraisal, regulatory approvals and the company’s ability to maintain its stake and secure development funding.
The most recent analyst rating on (AU:TDO) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on 3D Oil Limited stock, see the AU:TDO Stock Forecast page.
3D Energi Limited has requested and been granted a trading halt on its ordinary shares on the ASX, with the suspension to remain in place until either 27 January 2026 or the release of a pending company announcement. The halt is intended to manage the company’s continuous disclosure obligations as it prepares to update the market on the status of its VIC/P79 exploration permit and provide a broader company update, signalling that material information affecting its exploration portfolio and operational outlook may be forthcoming for investors and other stakeholders.
The most recent analyst rating on (AU:TDO) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on 3D Oil Limited stock, see the AU:TDO Stock Forecast page.
3D Energi Limited has announced a gas discovery at the Charlemont-1 exploration well in the offshore Otway Basin, where it holds a 20% interest in the VIC/P79 permit. The well encountered previously unanticipated gas in thin Waarre C sandstones, confirmed by a recovered gas sample with a CO2 concentration broadly in line with the nearby La Bella gas field, and preliminary data indicate probable hydrocarbons in the primary Waarre A target, although further petrophysical analysis is required. Charlemont-1 is the second gas discovery under the Otway Exploration Drilling Program, following the Essington find, and confirms gas charge at both ends of the Charlemont Trend, de-risking intervening prospects and underscoring the prospectivity of the Charlemont cluster near existing infrastructure; Phase 1 of the program is now complete with Charlemont-1 to be plugged and abandoned, while the commercial viability and potential development options of the new gas resources remain under evaluation.
The most recent analyst rating on (AU:TDO) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on 3D Oil Limited stock, see the AU:TDO Stock Forecast page.
3D Energi Limited has convened a virtual general meeting of shareholders for 9 February 2026 at 2:00pm AEDT, with all meeting materials, including the notice of meeting and explanatory statement, to be provided electronically rather than in hard copy unless specifically requested. The move reflects recent changes to Australia’s Corporations Act and underscores the company’s shift toward digital shareholder communications, requiring investors to access documents and manage communication preferences online via the company’s website, the ASX platform, or the share registry, which may streamline engagement but also places a greater onus on shareholders to ensure their electronic contact details and preferences are up to date.
The most recent analyst rating on (AU:TDO) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on 3D Oil Limited stock, see the AU:TDO Stock Forecast page.
3D Energi has reported that its Charlemont-1 exploration/appraisal well in the offshore Otway Basin has intersected probable gas across multiple stacked Waarre sandstone reservoirs (C, B and A) within the VIC/P79 permit. Elevated gas and resistivity readings suggest hydrocarbon presence, including in the Waarre C zone where hydrocarbons were not originally expected, although higher-than-anticipated formation pressures forced drilling to stop before the planned total depth. The company and its partners are now evaluating options for further wireline logging to assess the quality, extent and connectivity of these zones, with management indicating that confirmation of significant gas volumes could materially de-risk a chain of up-dip prospects along the Charlemont Trend and potentially underpin one of the largest gas pool clusters in the Otway Basin, enhancing the project’s strategic significance for all joint venture stakeholders.
The most recent analyst rating on (AU:TDO) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on 3D Oil Limited stock, see the AU:TDO Stock Forecast page.
3D Energi Limited has reported an operational update on the Charlemont-1 gas exploration well in the offshore Otway Basin, where it holds a 20% interest alongside operator ConocoPhillips Australia and Korea National Oil Company. Drilling intersected significant gas shows in the Waarre C formation above the primary Waarre A target, and after encountering higher-than-expected pressures at 2,552 metres, the well design has been revised to include a 7-inch liner, allowing drilling to proceed toward the main reservoir after a roughly seven-day delay, with further updates to come as key milestones are reached.
The most recent analyst rating on (AU:TDO) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on 3D Oil Limited stock, see the AU:TDO Stock Forecast page.
3D Energi Limited has disclosed a change in the interests of director Noel Newell, who has increased his indirect holding in the company through participation in a shareholder-approved placement. Newell, via associated entities, acquired 1,818,182 fully paid ordinary shares at $0.11 per share for a total of $200,000 and received 909,091 free attaching unlisted options exercisable at $0.18 and expiring on 24 December 2026, boosting his indirect shareholding and adding option exposure. The transaction, approved at the company’s November 2025 annual general meeting, underscores management’s financial alignment with shareholders and modestly strengthens insider ownership as the company progresses its capital-raising strategy.
3D Energi Limited has reported an operational update from the Charlemont-1 gas exploration well in the offshore Otway Basin, where drilling encountered significant gas shows in the Waarre C formation about 160 metres above the primary Waarre A target. Higher-than-expected pressures at a depth of 2,552 metres have led operator ConocoPhillips Australia to temporarily pause drilling while it reassesses and potentially redesigns the well plan to safely continue towards the main reservoir target, a development that could enhance the prospectivity of the permit but also introduces technical and scheduling uncertainties for the joint venture partners, including 3D Energi’s 20% stake.
3D Energi Limited has issued 105,389,611 new fully paid ordinary shares via placements to sophisticated and professional investors and through participation by Executive Chairman Noel Newell, at issue prices of $0.14 and $0.11 respectively, without a prospectus, in line with provisions of the Corporations Act. The company confirmed it remains compliant with its continuous disclosure and financial reporting obligations and noted that drilling is under way at the Charlemont‑1 exploration well, expected to reach total depth on 25 December 2025, a development that could be significant for its exploration program depending on whether gas-bearing intervals are encountered.
3D Energi Limited has notified the market that it will issue 909,091 unlisted options as unquoted equity securities, effective 24 December 2025. The new options, which are not intended to be quoted on the ASX, modestly expand the company’s capital base and may provide additional incentive or funding flexibility for the company as it pursues its energy exploration and development strategy, with potential dilution implications for existing shareholders if exercised.
3D Energi Limited has applied to the ASX for quotation of 1,818,182 new fully paid ordinary shares under its existing issuer code TDO. The issuance, tied to a previously announced transaction, modestly increases the company’s quoted share capital and may provide additional funding flexibility, though the release offers limited detail on the strategic use of proceeds or operational impact.
3D Energi Limited has applied to the ASX for quotation of 103,571,429 new fully paid ordinary shares, with an issue date of 24 December 2025. The move, arising from previously announced transactions, will significantly expand the company’s quoted share base and may influence its capital structure, liquidity, and capacity to fund ongoing exploration and development activities, with potential implications for existing shareholders and the company’s positioning in the energy market.
3D Energi Limited has provided an operational update on its Charlemont-1 gas exploration well in the Otway Basin, Victoria. The well, which began drilling on 10 December 2025, is progressing smoothly and is expected to reach a total depth of 2830 meters in approximately 32.9 days. The company’s stake in this project is 20%, with ConocoPhillips Australia as the operator holding a 51% interest, and Korea National Oil Company holding the remaining 29%. The successful progress of this drilling operation could enhance 3D Energi’s position in the energy sector and potentially impact its market value.
3D Energi Limited has announced a proposed issue of securities, specifically 103,571,429 ordinary fully paid shares, as part of a placement. This move is aimed at raising capital and is scheduled for issuance on December 24, 2025. The announcement indicates a strategic effort by 3D Energi Limited to enhance its financial position and potentially expand its market operations, which could have significant implications for its stakeholders.
3D Energi Limited has successfully secured $14.5 million through a placement supported by both domestic and international investors. The funds will be used for testing and drilling activities in the Otway Basin, specifically at the Essington-1 and Charlemont-1 wells, as well as for general working capital. This capital raise is part of a larger strategy to advance the company’s gas exploration program, which has been in development for over a decade, and aims to meet current and future energy needs in Australia.
3D Energi Limited has requested a trading halt on its securities pending an announcement related to capital raising. This move is intended to help the company manage its continuous disclosure obligations, with the trading halt expected to last until the announcement is made or normal trading resumes on December 16, 2025. The halt indicates a significant development in the company’s financial strategy, potentially impacting its market position and stakeholder interests.
3D Energi Limited has commenced drilling at the Charlemont-1 gas exploration well in the Otway Basin, Victoria, as part of the 2025 Otway Exploration Drilling Program. The well targets a significant prospective resource in the Waarre A reservoir, with an 81% chance of success supported by strong geophysical indicators. This initiative is part of a broader effort to bolster natural gas supply for Australia’s energy needs, with potential implications for the company’s market positioning and stakeholder interests.
3D Energi Limited announced a significant gas discovery at the Essington-1 well, marking the first such find in the Otway Basin since 2021. This discovery extends the proven gas fairway into VIC/P79 and aligns with the company’s strategy to address looming gas supply shortfalls in Australia’s east coast market. The Essington-1 well, strategically located near existing infrastructure, shows promising results with low CO₂ content and high liquids content, potentially reducing future processing requirements. The company is also preparing to spud the Charlemont-1 well, targeting substantial resource growth with a high chance of success, further strengthening its position in the market.