Finder Energy Secures Key Regulatory Approval for KTJ Oil Project in Timor-Leste

Finder Energy Holdings Limited ( (AU:FDR) ) just unveiled an update.

Finder Energy has secured regulatory approval from Timor-Leste’s Autoridade Nacional do Petróleo for a Development Area covering the Kuda Tasi and Jahal oil fields, a key step toward long-term tenure and development of the KTJ Project. The approved area spans about 88 square kilometres and will underpin submission of a Field Development Plan in the second quarter of 2026, locking in rights for up to 25 years once the plan is approved.

The KTJ Project holds 25 million barrels of gross 2C contingent resources, with identified upside from additional contingent and prospective resources that could materially expand production. Finder plans to use the Petrojarl I FPSO as a central production hub for KTJ and future tie-backs across PSC 19-11, a strategy designed to boost project value, extend field life, and generate wider economic benefits such as higher state revenues, local jobs and supply chain participation.

The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.60 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 Australia-based oil and gas company focused on offshore exploration and development. The company is advancing projects in Timor-Leste’s PSC 19-11 area, aiming to establish a scalable production hub using the Petrojarl I floating production, storage and offloading vessel to commercialise multiple oil fields in the region.

Average Trading Volume: 789,348

Technical Sentiment Signal: Buy

Current Market Cap: A$277M

For a thorough assessment of FDR stock, go to TipRanks’ Stock Analysis page.