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Finder Energy Issues Shares to Amplus to Finalise Petrojarl I FPSO Acquisition

Story Highlights
  • Finder Energy issued over 37 million new shares to Amplus as part of the Petrojarl I FPSO acquisition funding.
  • The transaction brings Amplus in as a key shareholder and board representative, reinforcing Finder’s offshore production capabilities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Finder Energy Issues Shares to Amplus to Finalise Petrojarl I FPSO Acquisition

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Finder Energy Holdings Limited ( (AU:FDR) ) has shared an announcement.

Finder Energy Holdings Limited has issued 37,233,008 fully paid ordinary shares to Amplus Energy (Holdings) Limited at a deemed price of A$0.37 per share as part of the US$15 million consideration for the acquisition of the Petrojarl I FPSO. The share issue, which followed shareholder approval at a meeting on 12 January 2026 and completion of the acquisition in December 2025, integrates Amplus as a significant shareholder whose shares rank equally with existing ordinary shares, and includes the appointment of Amplus Managing Director Steve Gardyne as a non-executive director on Finder’s board, strengthening the strategic relationship around the newly acquired production asset.

The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.39 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 Australian-listed company in the energy sector, focused on offshore oil and gas assets and related infrastructure. The company operates in the upstream and production services space, leveraging floating production storage and offloading (FPSO) vessels such as the Petrojarl I to support its hydrocarbon development and production activities in its chosen markets.

Average Trading Volume: 970,422

Technical Sentiment Signal: Buy

Current Market Cap: A$187.6M

For an in-depth examination of FDR stock, go to TipRanks’ Overview page.

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