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| Stock | Finder Energy Holdings Ltd (FDR.ASX) |
|---|---|
| Release Time | 16 Jul 2026, 8:17 a.m. |
| Price Sensitive | Yes |
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Finder Energy Holdings Ltd: KTJ Fast-Track to First Oil
Key Points
- Targeting First Oil in late 2027/early 2028
- Initial forecast production rates of ~30,000 bopd
- Field Development Plan approved
- Development funding substantially de-risked
Full Summary
Finder Energy Holdings Ltd is advancing its flagship Kuda Tasi & Jahal development project offshore Timor-Leste. The company is targeting first oil in late 2027/early 2028, with an initial forecast production rate of approximately 30,000 barrels of oil per day (bopd). The Field Development Plan has been approved, and development funding is substantially de-risked through strategic farmout and well-advanced debt financing. The company is also exploring high impact development, appraisal, and exploration opportunities across its Timor-Leste, Australian, and UK North Sea portfolio.
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