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Otway prospector farms out 80 per cent stake

Renewable Hydrogen MoU signed with Netherlands.

3D Oil and ConocoPhillips have once again teamed up to collectively become the dominant prospector of the shallow water Otway shelf. 3D Oil has executed a joint operating agreement (JOA) with ConocoPhillips that will find 3D receiving $4.84 million for an 80 per cent slice of its operations within its Otway Basin permit (VIC/P79). The …

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