FINDER ENERGY HOLDINGS ORD
Finder Energy Enters into Farm-In Agreement with TIMOR GAP at KTJ Oilfields Project
Finder Energy (ASX: FDR) has entered into a farm-in agreement with the National Oil Company of Timor-Leste (TIMOR GAP) that will boost TIMOR GAP’s equity in the PSC 19-11 joint venture by 10% to 34%. The joint venture is developing the Kuda Tasi and Jahal oilfields (KTJ) project, which hold an estimated 22 million barrels of […]
Finder Energy enters alliance with global energy company SLB to fast-track Kuda Tasi-Jahal oil field
Finder Energy (ASX: FDR) has entered into a development alliance and accelerated front-end engineering and design (FEED) deal with global company SLB to fast-track the company’s Kuda Tasi and Jahal oil field development in the Timor Sea. Finder expects the alliance to bring forward its completion of key drilling and subsea FEED components by approximately […]
Finder Energy moves closer to first oil in Timor-Leste with reprocessed Kuda Tasi and Jahal seismic data
Finder Energy (ASX: FDR) has achieved another key milestone in the lead-up to producing first oil at its new offshore Timor-Leste projects. The company is now using reprocessed data from an historical Ikan 3D seismic survey to help finalise its development drilling plans for the Kuda Tasi and Jahal oil fields. The company said that […]
Finder Energy advances toward production with new Timor-Leste offshore permit
Australian oil and gas junior Finder Energy (ASX: FDR) is confident it is on target to make the jump from from explorer to producer with the award of a large permit area offshore Timor-Leste. The company recently signed and completed the acquisition of a 76% operating interest in production sharing contract (PSC) 19-11 off the […]