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Finder brings Timor-Leste oil project closer to drilling with Hakuryu-5 contract
8:55am on Thursday 15th of October, 2026 AEDT
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Oil and Gas
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Finder brings Timor-Leste oil project closer to drilling with Hakuryu-5 contract
8:55am on Thursday 15th of October, 2026 AEDT
Key Points
Three firm development wells scheduled from December 2027
Approximately US$42.3 million gross joint venture contract
Two optional wells could support exploration or tie-back opportunities
US$19.3 million in staged bank guarantees required
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