1、ANNUAL REPORT 2022THE SEQUOIA 3D MARINE SEISMIC SURVEY WILL ALLOW THE JOINT VENTURE TO EVALUATE THE FULL POTENTIAL OF T/49P WITH HIGH-QUALITY,MODERN 3D SEISMICExecutive Chairmans Letter 2 to shareholders Review of operations 4Directors report 21Auditors independence declaration 32Consolidated statem
2、ent of profit or 34 loss and other comprehensive incomeConsolidated statement 35 of financial positionConsolidated statement of changes 36 in equityConsolidated statement of cash flows 37Notes to the consolidated 38 financial statementsDirectors declaration 60Independent auditors report 61 to the me
3、mbers of 3D Oil LimitedShareholder information 64Corporate directory 66Front cover image courtesy of Shearwater1Dear fellow ShareholdersIn last years chairmans letter I state that “3D Oil is now fully committed to becoming a significant east coast gas producer”.I am pleased to report the Company has
4、 again progressed towards reaching that objective.The high points for the Company during the year included;Acquired a new and highly prospective exploration license in the Otway Basin VIC/P79.Entered into a farmout agreement with ConocoPhilips Australia for VIC/P79.Completed,along with its Joint Ven
5、ture partner(ConocoPhilips Australia)an extensive seismic program over the T/49P exploration license.Continue farmout discussions on WA-527-P.Acquired a prospective gas storage license(GSEL 759)with the Company working on energy transitional strategies for the new and emerging energy demands.Secure
6、approximately A$4.6 million in cash as a result of farmout activities during the year thereby reducing the need raise funds from shareholder.At the time of this report the Company has commitments for the funding(free carry)from Joint Venture partners for two offshore well up to US$65m(A$95m).The Com