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Finder Energy Initiates Trading Halt for Major Offshore Transaction

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Finder Energy Initiates Trading Halt for Major Offshore Transaction

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Finder Energy Holdings Limited ( (AU:FDR) ) has shared an announcement.

Finder Energy Holdings Limited has requested a trading halt on its securities pending an announcement related to a material farmout transaction concerning its offshore Timor-Leste project, PSC 19-11. This strategic move is intended to manage its continuous disclosure obligations and could have significant implications for the company’s operations and market positioning.

More about Finder Energy Holdings Limited

Finder Energy Holdings Limited operates in the energy sector, focusing on exploration and development of oil and gas resources. The company is involved in offshore projects, including a significant interest in PSC 19-11 located offshore Timor-Leste.

Average Trading Volume: 734,881

Technical Sentiment Signal: Buy

Current Market Cap: A$72.67M

Learn more about FDR stock on TipRanks’ Stock Analysis page.

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