Australia at a Glance
Hibiscus Petroleum, through our indirect wholly-owned subsidiary Carnarvon Hibiscus Pty Ltd (Carnarvon Hibiscus) has interests in one licence located in the prolific oil and gas producing province of the Bass Strait of Australia.
We also have a 7.43% interest in the listed shares of 3D Energi Limited (3D Energi), a company listed on the Australian Stock Exchange. Through 3D Energi, we have indirect exposure to four additional exploration licences.
Gippsland Basin
1) VIC/RL17 Petroleum Retention Lease (Previously known as VIC/L31)
Hibiscus Petroleum’s Interest:
100%
Operator:
Carnarvon Hibiscus
Asset Location:
Gippsland Basin, Offshore Victoria
Water Depth:
50m
Field Life Cycle:
Development
Discovered Field:
West Seahorse
2) Investments:
3D Energi, a company listed on the Australian Stock Exchange is an associate company of Hibiscus Petroleum. As of 13 October 2025, Hibiscus Petroleum holds 7.43% indirect interest in 3D Energi. 3D Energi holds interests in four licences:
A. T/49P
20%
Location:
Otway Basin adjacent to the Thylacine and Geographe gas fields.
B. WA-527-P
100%
Location:
Bedout sub-basin, adjacent to the recent significant oil discovery at Dorado field.
C. VIC/P79
20%
Location:
Otway Basin adjacent to the Thylacine and Geographe gas fields.
D. GSEL 759
100%
Location:
20km Southeast of Mount Gambier and proximal to the South East Pipeline System.
Highlights
NUMBER OF LICENCES1
1
WELL DRILLED
1
Exploration Well
NOTES:
¹ Based on Hibiscus Petroleum’s direct interest in VIC/RL17.