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How Finder Energy’s Petrojarl I Acquisition Accelerates KTJ Project to Mid-2026 FID
8:33am on Wednesday 28th of January, 2026 AEDT
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Energy
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How Finder Energy’s Petrojarl I Acquisition Accelerates KTJ Project to Mid-2026 FID
8:33am on Wednesday 28th of January, 2026 AEDT
Key Points
Acquisition of Petrojarl I FPSO de-risks KTJ Project development
A$25 million institutional placement funds FPSO purchase and FEED acceleration
Farmin Agreement with TIMOR GAP secures 50% of development capex up to US$338 million
Independent resource upgrade increases 2C contingent resources by 14%, 1C by 31%
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