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Finder Energy Holdings Limited (ASX:FDR)

ALERT: Price-sensitive ASX Announcement for FDR
Current share price for FDR : $0.335 -0.21 (-38.53%)+
Announcement
Release
16 Feb 2026 8:13AM
Price at Release
$0.545
Full Release
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Summary
Finder Energy Holdings Limited announced the successful completion of the Front-End Engineering Design (FEED) for the Kuda Tasi and Jahal Development Project (KTJ Project). The FEED was completed in line with the accelerated development timeline, positioning the project for transition into procurement, financing activities, and approval processes leading to the Final Investment Decision (FID). The project is a collaboration with the Subsea Integration Alliance, comprising Subsea7, SLB, and OneSubsea, and aims to optimize production and enhance recovery. It involves detailed planning in subsurface development, well design, and subsea architecture, with the goal of achieving FID by mid-year 2026.
Key Points
  • Successful completion of Front-End Engineering Design (FEED) for KTJ Project
  • Collaboration with Subsea Integration Alliance
  • Optimizing production and enhancing recovery
  • Transitioning to procurement, financing, and approval processes
  • Targeting Final Investment Decision (FID) by mid-year 2026
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.