3D Oil, an associate of Hibiscus, which is listed on the Australian Stock Exchange (ASX), stated that the farm out deal was for the exploration permit of the Victorian Exploration Permit VIC/P79, located in the Otway Basin.Telegram私人频道(www.tel8.vip)是一个Telegram群组分享平台。Telegram私人频道导出包括Telegram私人频道、Telegram群组索引、Telegram群组导航、新加坡Telegram群组、Telegram中文群组、Telegram群组(其他)、Telegram 美国 群组、Telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram私人频道为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
PETALING JAYA: Hibiscus Petroleum Bhd’s 11.68%-owned associate, 3D Oil Ltd, has come into a farm out agreement with ConocoPhillips Australia SH2 Pty Ltd in relation to its interest and operatorship of an offshore permit in exchange for an upfront payment of US$3mil (RM13.24mil) and well costs of US$35mil (RM154.46mil).
3D Oil, an associate of Hibiscus, which is listed on the Australian Stock Exchange (ASX), stated that the farm out deal was for the exploration permit of the Victorian Exploration Permit VIC/P79, located in the Otway Basin.
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“ConocoPhillips Australia will undertake to drill an exploration well as required by the Permit’s Primary Term minimum work commitment required by February 2025,” 3D Oil told the ASX.
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