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1.45% 7.0¢ 3d energi limited

Ann: 3D Oil Limited farmout T/49P to ConocoPhillips Australia, page-5

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  1. trousergecko
    4,819 Posts.
    lightbulb Created with Sketch. 1440
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    18/12/19
    13:55
    Post #: 42030320
    Great news... ConocoPhillips )))))

    https://hotcopper.com.au/data/attachments/1890/1890380-480da0bf2d536ce95659cc339adfafa1.jpg
    That is a great outcome for this minnow, free 3D, $5M in cash no CR (now with shooting distance of doing 3D in WA alone if wanted). And expected first well costs. Love, love, love...

    Sets up a possible relationship for the WA lease as well, but would prefer a second major, dont want to be too dependent on one company.
    TDO Price at posting: 7.7¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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