Brief: 3D Energi Appoints Independent Expert - Vic/P79 Buy-Out Process
28/05/2026 02:36
BRIEF-3D Energi Appoints Independent Expert - Vic/P79 Buy-Out Process May 28 (Reuters) - 3D Energi Ltd TDO.AX:
APPOINTMENT OF INDEPENDENT EXPERT - VIC/P79 BUY-OUT PROCESS
APPOINTMENT OF AN INDEPENDENT EXPERT IN RELATION TO VIC/P79 BUY-OUT PROCESS
PARTIES WERE UNABLE TO REACH AGREEMENT ON VALUATION TERMS, FOR FAIR MARKET VALUE OF CO'S PARTICIPATING INTEREST IN VIC/P79
CO CONSIDERED POSITION ADVANCED BY CONOCOPHILLIPS DID NOT APPROPRIATELY REFLECT UNDERLYING VALUE, FUTURE POTENTIAL
APPOINTMENT FOLLOWS RECEIPT OF CONOCOPHILLIPS AUSTRALIA SH2'S NOTICE TO BEGIN PROCESS TO BUY CO'S PARTICIPATING INTEREST IN VIC/P79
Further company coverage: TDO.AX
((Reuters.Briefs@thomsonreuters.com;))