Finder Energy Holdings LimitedASX: FDR

ANP Approves KTJ Project Field Development Plan

· Issued by Finder Energy Holdings Limited

Filed with ASX · · 5 pages · English

Summary by 6ix AI

Finder Energy Holdings Limited has announced that the Autoridade Nacional do Petróleo has approved the Field Development Plan for the Kuda Tasi and Jahal Project, marking a significant milestone for the company. This approval de-risks the project and allows the company to progress towards a Final Investment Decision within the current quarter. The development plan includes three production wells and infrastructure designed for future expansions, establishing a long-term production hub for Timor-Leste. Finder is now focused on completing financing and contracting activities to maintain its accelerated development schedule targeting first oil in the near future.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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