FINDER ENERGY HOLDINGS ORD

Finder Energy (ASX: FDR) has reported material gross rock volume (GRV) increases at the Krill and Squilla oil discoveries within the PSC 19-11 joint venture in the Timor Sea after interpretation on Ikan 3D reprocessed seismic data. The new data showed a step-change in image quality, resolving previous shallow fault complexities and enhancing definition of the […]

Finder Energy (ASX: FDR) has entered into a farm-in agreement with the National Oil Company of Timor-Leste (TIMOR GAP) that will boost TIMOR GAP’s equity in the PSC 19-11 joint venture by 10% to 34%. The joint venture is developing the Kuda Tasi and Jahal oilfields (KTJ) project, which hold an estimated 22 million barrels of […]

Finder Energy (ASX: FDR) has entered into a development alliance and accelerated front-end engineering and design (FEED) deal with global company SLB to fast-track the company’s Kuda Tasi and Jahal oil field development in the Timor Sea. Finder expects the alliance to bring forward its completion of key drilling and subsea FEED components by approximately […]

Finder Energy (ASX: FDR) has achieved another key milestone in the lead-up to producing first oil at its new offshore Timor-Leste projects. The company is now using reprocessed data from an historical Ikan 3D seismic survey to help finalise its development drilling plans for the Kuda Tasi and Jahal oil fields. The company said that […]