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Finder Energy Holdings Limited ( (AU:FDR) ) has shared an announcement.
Finder Energy Holdings Limited has completed a farmout agreement with Serica Energy concerning the Seaward Production Licence P2530, securing a 20% interest while continuing as the operator during the current phase. The company is conducting feasibility studies to decide on further drilling or discontinuing the license, with implications for its operational strategy and potential impact on stakeholders.
More about Finder Energy Holdings Limited
Finder Energy Holdings Limited operates in the energy sector, focusing on oil and gas exploration and production. The company is involved in engineering feasibility studies and holds interests in various production licenses, aiming to integrate discoveries with existing infrastructure.
Average Trading Volume: 1,855,329
Technical Sentiment Signal: Buy
Current Market Cap: A$159.2M
Learn more about FDR stock on TipRanks’ Stock Analysis page.