3D Oil Ltd. Company News

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Australia's 3D Oil to Farm Out Stakes in T/49P Permit in the Otway Basin
Thursday, April 28, 2016 Australia's 3D Oil provides a quarterly update on its local upstream activities, including a plan to farm out interest in its T/49P permit in the Otway Basin off Tasmania.

Vic/P57 JV Confirms Sea Lion-1 Prospect Offshore Australia as a Dry Well
Wednesday, November 11, 2015 3D Oil confirms no hydrocarbons were encountered at the Sea Lion-1 prospect in permit Vic/P57 offshore Australia.

CHPL Conducts Formation Evaluation Test at Sea Lion-1 Well Off Australia
Monday, November 09, 2015 Carnarvon Hibiscus (CHPL), a uit of Malaysia's Hibiscus Petroleum, conducts formation evaluation test at the Sea Lion-1 exploration well in VIC/P57 Block in Australia's Gippsland Basin.

West Telesto to Spud Sea Lion-1 Prospect in Gippsland Basin Next Week
Monday, October 26, 2015 3D Oil says the West Telesto jackup is mobilizing to spud the Sea Lion-1 prospect in the Gippsland Basin, offshore Australia late next week.

Adverse Weather Prevents Sea Lion-1 Spud Offshore Australia
Tuesday, September 29, 2015 The Sea Lion-1 exploration well, located offshore Australia, has been further delayed due to adverse weather conditions.

VIC/P57 JV to Spud Gippsland Basin's Sea Lion-1 Prospect in Mid-September
Tuesday, September 01, 2015 3D Oil to spud the Sea Lion-1 prospect in Australia's Gippsland Basin in mid-September as adverse weather conditions delay handover of the rig from the current operator.

West Telesto to Spud Sea Lion-1 Prospect in Gippsland Basin in Late August
Wednesday, August 12, 2015 The West Telesto jackup is likely to spud the Sea Lion-1 exploration well in permit VIC/P57 in the Gippsland Basin, offshore Australia in late August.

3D Oil Completes 3D Seismic Survey in Permit T/49P in Otway Basin
Friday, December 12, 2014 3D Oil completes 3D seismic survey in permit T/49P in Otway Basin, offshore Australia.

Hibiscus Completes Deals for Stakes in 3DO's Upstream Assets in Australia
Tuesday, November 18, 2014 Hibiscus Petroleum completes transactions to acquire stakes in 3D Oil's upstream assets in Australia.

Seadrill's West Telesto to Drill Sea Lion Prospect in VIC/P57 Off Australia
Thursday, October 30, 2014 Hibiscus Petroleum's unit contracts Seadrill's West Telesto jackup to drill the Sea Lion prospect in permit VIC/P57 offshore Australia.

3D Oil Prepares for Flanagan 3D Seismic Survey in Otway Basin
Wednesday, October 29, 2014 3D Oil prepares for Flanagan 3D seismic survey in permit T/49P in Australia's Otway Basin, with work to be carried out by the Polarcus Asima vessel.

3D Oil Completes Sale of a 20% Stake in Otway Basin's T/49P Permit
Thursday, August 21, 2014 3D Oil completes the sale of 20 percent stake in T/49P exploration permit in Otway Basin, offshore Tasmania, Australia to Beach Energy.

Hibiscus' CHPL Exercise Option to Acquire Permit VIC/L31 in Gippsland Basin
Monday, August 18, 2014 Hibiscus Petroleum's unit Carnarvon Hibiscus exercises option to acquire the remaining interest in permit VIC/L31 in the Gippsland Basin off Victoria, Australia from 3D Oil for $14.05 million.

3D Oil Shareholders Agree to Transfer 20% Stake in Permit VIC/P57 to HIREX
Tuesday, August 12, 2014 3D Oil shareholders agree to transfer 20 percent stake in exploration permit VIC/P57 located offshore Victoria, Australia to Hirex.

Hibiscus Ups Stakes in VIC/L31, VIC/P57 Licenses in Gippsland Basin
Tuesday, July 08, 2014 Hibiscus Petroleum raises stakes in VIC/L31 production license and VIC/P57 exploration permit in Australia's Gippsland Basin.

Parties in Hibiscus' Australian Asset Acquisitions to Ink Deals Soon
Tuesday, June 24, 2014 Hibiscus Petroleum reports that the parties involved in its acquisition of upstream assets in Australia hope to ink the agreements within the next 2 weeks.

Beach Energy Acquires 20% Interest in Permit T/49P in Otway Basin
Monday, June 16, 2014 Beach Energy acquires 20 percent interest in the T/49P exploration permit in Otway Basin, offshore Victoria, Australia from 3D Oil.

3D Oil to Transfer 20% Stake in VIC/P57 Permit in Gippsland Basin to HIREX
Wednesday, May 14, 2014 3D Oil agrees to transfer 20% stake in VIC/P57 exploration permit in Australia's Gippsland Basin to Hibiscus Petroleum's unit HIREX.

GCA Completes Reserves Assessment for West Seahorse Oil Field
Tuesday, January 14, 2014 3D Oil announces that Gaffney, Cline & Associates has completed an independent reserves assessment for the West Seahorse oil field in Australia's Gippsland Basin.

VIC/P57 JV Receives Production License for West Seahorse Oil Field
Friday, December 06, 2013 The National Offshore Petroleum Titles Administrator of Australia awards the VIC/P57 joint venture a production license over the West Seahorse oil field in Australia's Gippsland Basin.

NOPTA Offers JV Production License for West Seahorse Oil Development
Thursday, November 14, 2013 The National Offshore Petroleum Titles Administrator in Australia offers the VIC/P57 joint venture a production license for the West Seahorse oil development in the Gippsland Basin.

VIC/P57 JV to Convert GSP Britannia to a Production Platform
Monday, July 22, 2013 3D Oil announces that the VIC/P57 Joint Venture has acquired a jackup for conversion to a production platform for the West Seahorse oil field in Australia's Gippsland Basin.

Malaysia's Hibiscus Pumps $28M into 3D Oil's Offshore Development Proj.
Wednesday, August 15, 2012 3D Oil inks a $28 million farm-in deal with Hibiscus Petroleum to develop the offshore West Seahorse oil field in permit VIC/P57.

West Seahorse Development Charges Ahead
Thursday, April 08, 2010 FEED has commenced for the West Seahorse development in Bass Strait, and a Final Investment Decision is expected in the second half of 2010.

3D Oil Underscores Progress Made at West Seahorse
Friday, April 24, 2009 Over the past six months, the 3D Oil team has made significant progress in bringing the Australian West Seahorse project to development.

Drillsearch Updates on 3D Oil Takeover, West Seahorse Development
Thursday, April 16, 2009 Drillsearch has updated shareholders about its intentions for the West Seahorse Oil Development should its takeover of 3D oil be successful.

3D Oil Increases Reserves by 32% with West Seahorse Field
Friday, March 13, 2009 Since completing drilling at its 100% owned West Seahorse field in the Gippsland Basin last year, 3D Oil Ltd. undertook a reserves assessment that increased the company's reserves 32%.

3D Oil Urges Shareholders to Reject Drillsearch's Offer
Friday, March 06, 2009 3D Oil has received Drillsearch Energy's Bidder's Statement in relation to its unsolicited offer for 3D Oil. The company has recommended that shareholders reject the allshare offer.

3D Oil Set to Reject Drillsearch's Intended Takeover Offer
Friday, January 16, 2009 3D Oil Limited plans to reject Drillsearch Energy's conditional takeover offer for the company.

3D Oil Estimates 7.86MM Barrels in West Seahorse Field
Friday, August 22, 2008 A combined 2P reserves and best estimate contingent resource of 7.86 million barrels of recoverable oil is interpreted to exist in 3D Oil Limited’s 100% owned West Seahorse oil field in Vic/P57, Offshore Gippsland Basin, Victoria.

Wardie-1 Hits Final Depth
Monday, May 19, 2008 3D Oil reports that the Wardie-1 exploration well has reached a final measured depth of 1,766 meters and encountered hydrocarbon shows.

3D Oil Spuds Wardie-1 Offshore Victoria
Monday, May 12, 2008 Over the course of the next week the anticipated operations will be to run and cement 30 inch conductor and drill 17.5 inch hole prior to setting 13 3/8 inch casing.

3D Oil Limited's Bass Basin Seismic Complete
Wednesday, May 07, 2008 Acquisition progress was excellent and there was no weather down-time during the program.

3D Oil Preparing to Spud West Seahorse Appraisal Well
Tuesday, April 22, 2008 3D Oil's West Seahorse-3 appraisal/development well, in permit VIC/P57 in the Gippsland Basin, is expected to start drilling later this week. The well is in Bass Strait, approximately 5 kilometers to the west of the producing Seahorse Field.

3D Oil Says Wardie Prospect Similar in Size to West Seahorse
Thursday, November 15, 2007 3D Oil's Wardie oil prospect in Bass Strait could be of a similar size to the West Seahorse oil field, new research by the company has revealed.

3D Oil: Ready to Begin Bass Basin Seismic Ops
Friday, July 06, 2007 3D Oil Limited has signed a Heads of Agreement with a consortium of five other companies, to undertake 2D seismic operations in the Bass Strait region.