Finder Energy Holdings Limited (AU:FDR) has released an update.
Finder Energy Holdings Limited has announced a transformative acquisition of development-ready oil fields in Timor-Leste with low entry costs and high operatorship equity. The fields have high-quality resources, with a significant oil column and strong projected output, highlighting the company’s strategic shift from exploration to development. The acquisition offers multiple value creation pathways with potential for industry partnerships and innovative solutions to reduce costs and fast-track production.
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