Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Finder Energy Holdings Limited ( (AU:FDR) ) has issued an update.
Finder Energy has outlined a fast-track development plan for its Kuda Tasi and Jahal (KTJ) oil project in Timor-Leste in the first half of 2026, built around several high-impact milestones including securing a drilling rig, advancing front-end engineering and design and a field development plan, arranging debt funding, reaching final investment decision and booking 2P reserves, as well as updating contingent resource estimates. The company’s ownership of the Petrojarl I FPSO is presented as a key de-risking factor that improves project economics, while a farmin agreement with TIMOR GAP covers 50% of the KTJ development capital expenditure, supporting an accelerated timetable toward initial facility-constrained production of 25,000 barrels of oil per day and 10 million barrels produced in the first 18 months, alongside additional appraisal and exploration upside across its broader portfolio.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.41 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 exploration and development projects in the Asia-Pacific region and the UK North Sea. Its core activities include developing offshore oil fields and leveraging floating production storage and offloading (FPSO) infrastructure to accelerate field development and monetisation of contingent resources.
Average Trading Volume: 866,336
Technical Sentiment Signal: Buy
Current Market Cap: A$210.7M
For detailed information about FDR stock, go to TipRanks’ Stock Analysis page.