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Finder Energy Secures $6M to Propel Kuda Tasi & Jahal Oil Project Forward

9:19am on Thursday 3rd of July, 2025 AEST Energy
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Finder Energy Secures $6M to Propel Kuda Tasi & Jahal Oil Project Forward

9:19am on Thursday 3rd of July, 2025 AEST
Key Points
  • Placement raised $6 million at $0.065 per share
  • Longreach Capital invested $2.7 million, increasing stake to 51.1%
  • Funds earmarked for advancing Kuda Tasi and Jahal projects to FID
  • Placement strengthens financial position ahead of FPSO procurement
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