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Finder Energy Advances Towards Final Investment Decision with Strategic Alliances and Funding Plans

Story Highlights
  • Finder Energy is advancing towards FID for its oil projects with SLB’s strategic alliance.
  • The company secures funding and a low-cost FPSO solution to accelerate project delivery.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Finder Energy Advances Towards Final Investment Decision with Strategic Alliances and Funding Plans

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An update from Finder Energy Holdings Limited ( (AU:FDR) ) is now available.

Finder Energy Holdings Limited is making significant strides towards a Final Investment Decision (FID) for its oil projects in Kuda Tasi and Jahal, with a strategic alliance formed with SLB to expedite project delivery and achieve First Oil. The company has secured a low-cost FPSO solution and is working on a comprehensive funding plan, including a partnership with TIMOR GAP and an equity raise, to support its development capex and accelerate the FID process.

More about Finder Energy Holdings Limited

Average Trading Volume: 1,743,879

Technical Sentiment Signal: Buy

Current Market Cap: A$161.8M

Find detailed analytics on FDR stock on TipRanks’ Stock Analysis page.

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