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Finder Energy Secures $338M Boost as TIMOR GAP Expands Stake in KTJ Project
8:30am on Tuesday 21st of October, 2025 AEDT
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Energy
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Finder Energy Secures $338M Boost as TIMOR GAP Expands Stake in KTJ Project
8:30am on Tuesday 21st of October, 2025 AEDT
Key Points
TIMOR GAP raises interest in PSC 19-11 from 24% to 34%
TIMOR GAP to fund 50% of KTJ Project development capex up to US$338 million
Finder Energy retains 66% interest and operatorship
Agreement de-risks project and accelerates path to Final Investment Decision (FID)
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