3D Energi Limited: Charlemont-1 Drilling Update Highlights
3D Energi Limited (ASX: TDO) is an Australia-based oil and gas exploration company with a strategic focus on high-impact offshore assets in Victoria and Western Australia. In January 2026, the company issued a status update detailing recent developments at the Charlemont-1 gas exploration well, located in the VIC/P79 permit in the offshore Otway Basin. The well, drilled by the Transocean Equinox, encountered encouraging gas shows approximately 160 metres above its primary target in the Waarre A reservoir, indicating potential hydrocarbon presence earlier than expected. At a depth of around 2,552 metres, higher-than-anticipated pressures prompted a temporary pause in drilling to reassess well design and operational safety. Following this review, a 7-inch liner was successfully installed, enabling continued drilling through the target reservoir. Drilling activities are expected to recommence after a short delay. The project is operated by ConocoPhillips Australia, with equity interests held by ConocoPhillips (51%), 3D Energi (20%), and Korea National Oil Company (29%), positioning the company alongside experienced global partners
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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3D Energi Limited: Charlemont-1 Drilling Update Highlights
3D Energi Limited (ASX: TDO) is an Australia-based oil and gas exploration company with a strategic focus on high-impact offshore assets in Victoria and Western Australia. In January 2026, the company issued a status update detailing recent developments at the Charlemont-1 gas exploration well, located in the VIC/P79 permit in the offshore Otway Basin. The well, drilled by the Transocean Equinox, encountered encouraging gas shows approximately 160 metres above its primary target in the Waarre A reservoir, indicating potential hydrocarbon presence earlier than expected. At a depth of around 2,552 metres, higher-than-anticipated pressures prompted a temporary pause in drilling to reassess well design and operational safety. Following this review, a 7-inch liner was successfully installed, enabling continued drilling through the target reservoir. Drilling activities are expected to recommence after a short delay. The project is operated by ConocoPhillips Australia, with equity interests held by ConocoPhillips (51%), 3D Energi (20%), and Korea National Oil Company (29%), positioning the company alongside experienced global partners
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au