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3 stories mentioning ASX:FDRUpdated 1h ago

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Asia

Finder Energy Issues 12 Million Shares To Raise AU$6 Million to Amplus Energy, Longreach Capital

Finder Energy Holdings (ASX:FDR) said it issued 12 million fully paid ordinary shares at AU$0.50 per share to raise AU$6 million to Amplus Energy (Holdings) and substantial shareholder, Longreach Capital Investment, under the second tranche of the placement, according to a Thursday Australian bourse filing.The issuance followed the receipt of required shareholder approvals on June 12.

ASX:FDR
Asia

Finder Energy Holdings Seeks Cornerstone Approvals for Timor Sea Oil Project

Finder Energy Holdings (ASX:FDR) said it is seeking two cornerstone approvals for its Kuda Tasi and Jahal oil fields in the Timor Sea with the filing of an environmental impact statement and a field development plan, according to a Thursday filing with the Australian bourse.The company is progressing toward a final investment decision for the project slated for the middle of the year, with first oil targeted for late 2027 or early 2028, per the filing.Finder Energy said preparations for its 2027 drilling campaign are progressing with rig contracting, key procurement activities, and drilling management tenders underway.

ASX:FDR
Asia

Finder Energy Raises AU$21 Million Under Share Placement

Finder Energy (ASX:FDR) raised AU$21 million through the issue of 42 million shares at AU$0.50 apiece under tranche one of the placement disclosed on April 30, according to a Friday filing with the Australian bourse.A total of 12 million shares will be issued under tranche two, subject to shareholder approval, the filing said.Proceeds will be used to accelerate the KTJ project in offshore Timor-Leste toward first oil production, an earlier filing showed.

ASX:FDR

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