Finder Energy fast-tracks KTJ oil development with secured funding and FPSO

The latest announcement is out from Finder Energy Holdings Limited ( (AU:FDR) ).

Finder Energy is advancing its KTJ Project in Timor-Leste, aiming to fast-track first oil from the Kuda Tasi and Jahal fields with the planned use of its Petrojarl I FPSO, which it owns and positions as a strategic and economic de-risking asset. The company’s farm-in agreement with TIMOR GAP secures 50% of the project’s US$170 million development capex, and it is targeting a mid-2026 final investment decision alongside updated production forecasts, reserve bookings, and expanded contingent resource estimates.

The KTJ development is designed to deliver strong early cash flow, with forecast facility-constrained production of 25,000 to 30,000 barrels of oil per day and about 10 million barrels produced in the first 18 months, subject to development and regulatory uncertainties. Finder is also progressing high-impact appraisal and exploration opportunities across its broader Asia-Pacific and UK North Sea portfolio, which could enhance its growth profile and industry positioning if successfully matured into commercial projects.

The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.57 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.

More about Finder Energy Holdings Limited

Finder Energy Holdings Limited is an ASX-listed oil and gas company focused on offshore exploration and development in the Asia-Pacific region and the UK North Sea. The company’s key near-term growth platform is the KTJ Project in Timor-Leste, targeting the development of the Kuda Tasi and Jahal oil fields using its owned Petrojarl I FPSO to accelerate first oil and reduce project risk.

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Technical Sentiment Signal: Buy

Current Market Cap: A$287.9M

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