• VIC/P79 negotiations with ConocoPhillips ongoing, RISC appointed for valuation
• T/49P seismic reprocessing underway, aiming to improve subsurface image quality
• WA-527-P exploration permit progress with potential drilling targets identified
• GSEL 759 gas storage exploration license surrendered due to technical and logistical challenges
• Cash and cash equivalents at A$2.8 million as at 30 June 2026

3D Energi Limited provided an update on its activities for the quarter ending 30 June 2026. The company is involved in various exploration projects across Australia, including offshore Otway Basin, Northwest Shelf, and onshore South Australia. In the offshore Otway Basin, negotiations regarding the buy-out notice issued by ConocoPhillips on VIC/P79 are ongoing, with RISC Advisory appointed to determine the fair market value. Seismic reprocessing of the Flanagan 3D in T/49P is underway to improve subsurface image quality. Exploration in the Bedout Sub-Basin on WA-527-P has identified potential drilling targets, with a drilling campaign planned for 2027. The gas storage exploration license GSEL 759 was surrendered due to technical and logistical challenges. As of 30 June 2026, the company held cash and cash equivalents of approximately A$2.799 million.