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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Otway prospector farms out 80 per cent stake
