3D Energi (TDO) Investor presentation summary

Strategic positioning and market opportunity

• Centrally located in the Otway Basin, part of a major offshore exploration and development program targeting East Coast gas supply shortages.

• Strong demand outlook due to proximity to infrastructure and population centers, with majors and NOCs entering the basin.

• Portfolio includes short, medium, and long-term exploration potential, with 51 prospects and a combined mean prospective resource of 9.2 Tcf gross (1.8 Tcf net).

• Existing pipelines and gas plants enable faster, cost-effective development and market access.

Portfolio and exploration program

• Multi-Tcf gas portfolio spans VIC/P79 and T/49P permits, with clusters such as Charlemont, Regia, Flanagan, Whistler Point, British Admiral, and Seal Rocks.

• Exploration program is phased: Phase 1 (2025) includes two firm wells (Essington-1 and Charlemont-1), targeting near-field, seismic-supported prospects.

• Phase 2 (2026–2028) may add up to four optional wells, contingent on Phase 1 results.

• Joint venture with ConocoPhillips (operator, 51%), KNOC (29%), and 3D Energi (20%) shares risk and leverages global expertise.

Near-term execution and prospect details

• Phase 1 wells target up to 355 Bcf gross (71 Bcf net) prospective resource, aiming for early commercial viability.

• Essington-1: 262 Bcf gross mean resource, 68–76% chance of success, supported by strong seismic flat spots.

• Charlemont B: 93 Bcf gross mean resource, 81% chance of success, amplitude anomaly and flat spot indicate gas presence.

• Success at Charlemont B and Essington could unlock up to 520 Bcf gross (104 Bcf net) in the Charlemont Trend.