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An update from Finder Energy Holdings Limited ( (AU:FDR) ) is now available.
Finder Energy Holdings Limited is accelerating the development of the Kuda Tasi and Jahal oil fields in Timor-Leste with an initial forecast production rate of 25,000 to 40,000 barrels of oil per day. The company has secured 50% of the development capital expenditure for the KTJ Project under a farmin agreement with TIMOR GAP, positioning itself for significant growth and cash flow generation.
More about Finder Energy Holdings Limited
Finder Energy Holdings Limited operates in the oil and gas industry, focusing on exploration and development projects. The company is involved in high-impact appraisal and exploration opportunities across the Asia Pacific and UK North Sea regions.
Average Trading Volume: 1,293,411
Technical Sentiment Signal: Buy
Current Market Cap: A$154.9M
For detailed information about FDR stock, go to TipRanks’ Stock Analysis page.