The latest announcement is out from Finder Energy Holdings Limited ( (AU:FDR) ).
Finder Energy Holdings Limited announced the completion of a Subsea Concept Study by Nobleseas Engineering for the Kuda Tasi and Jahal oilfields. The study, which includes Class IV cost estimates, enhances the company’s confidence in the economic viability of the project and supports efforts to fast-track oil production. This development is crucial for de-risking the project and optimizing infrastructure to unlock the fields’ potential.
More about Finder Energy Holdings Limited
Finder Energy Holdings Limited operates in the energy sector, focusing on the exploration and development of oil fields. The company is involved in projects such as the Kuda Tasi and Jahal oilfields, aiming to enhance its market position through strategic development and cost-effective solutions.
Average Trading Volume: 409,147
Technical Sentiment Signal: Buy
Current Market Cap: A$11.09M
For an in-depth examination of FDR stock, go to TipRanks’ Stock Analysis page.