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WHAT EVER HAPPENED TO THIS STARTEGY ????????????????????

ASX Release

25 November 2009

Accelerated Growth Strategy – Delivering Results

On 3 September 2009 3D Oil Limited announced the launch of an Accelerated Growth Strategy
which focuses on near term growth in shareholder value. This initiative comprises three primary
elements:
• Development - Evaluation of preferred development option for West Seahorse.
• Exploration - Comprehensive analysis of the prospectivity of the company’s two permit
areas.
• Partnering & Financing - A structured process to introduce a business partner to progress
exploration and development programs.
3D Oil is pleased to advise that all elements of the Accelerated Growth Strategy are progressing
well. Features include:
• Development - engineering work is progressing steadily in accordance with plan, with a
view to development decision in early 2010.
• Exploration - the Felix prospect has been defined, adding high impact potential to the
broader exploration portfolio. Felix has potential to deliver over 100 million barrels of oil.
• Partnering & Financing - a structured process is being pursued to attract a suitable joint
venture partner to participate in our exploration and development program. The process is
being managed by corporate advisors Core Energy Group. Ten parties have expressed
interest, signed confidentiality agreements and are now actively engaged in an evaluation
of the opportunity and discussions with the Company. 3D Oil is confident that a suitable
partner will be identified in the near term.