tiprankstipranks
3D Energi Refocuses Strategy on Otway Basin
Company Announcements

3D Energi Refocuses Strategy on Otway Basin

3D Oil Limited (AU:TDO) has released an update.

Don't Miss Our Christmas Offers:

3D Energi Limited is refining its gas strategy by exiting the Gippsland Basin permit to focus on high-impact exploration in the Otway Basin, where they have promising drilling programs planned for 2025 with backing from ConocoPhillips Australia. The shift comes as the company aims to prioritize projects with a greater likelihood of commercial success, in response to the Australian Energy Market Operator’s warnings of potential gas supply shortages.

For further insights into AU:TDO stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated Newsdesk3D Oil Limited Director’s Strategic Shareholding Update
TipRanks Australian Auto-Generated Newsdesk3D Energi Limited Addresses Share Price Volatility
TipRanks Australian Auto-Generated Newsdesk3D Energi Limited Secures Strong Shareholder Support
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App