New venture officially formed for Gippsland permit

AFTER a relatively quiet year for ASX-listed junior offshore explorer 3D Oil, the company finally has some news, announcing on Friday it had officially formed a joint venture with Hibiscus Petroleum Berhad to explore an offshore permit in the Gippsland Basin.

New venture officially formed for Gippsland permit New venture officially formed for Gippsland permit New venture officially formed for Gippsland permit New venture officially formed for Gippsland permit New venture officially formed for Gippsland permit

 

On Friday, 3D Oil announced it had received regulatory approval to form a joint venture with Hibiscus to explore offshore permit VIC/P74.