News Articles for Finder Energy

Damon Neaves-led Finder Energy has announced plans to raise $30 million, as it aims to further accelerate activities at its KTJ oil project off the coast of Timor Leste.

The Bulls N' Bears ASX Runner of the Year is… Kaili Resources, which ran on hot air and a tight Chinese register for a meme-stock frenzy in under 48 hours. Dateline Resources got the ultimate Trump Truth Social shout-out for its Colosseum gold-rare earths play near the Mountain Pass mine in California, Locksley Resources unlocked antimony and rare earths just next door, Sunrise Energy Metals flew on its monster scandium deposit in NSW and Mount Ridley dropped Australia's biggest gallium resource out of nowhere. IPO of the year went to the aptly named Metal Powder Works, as goldies Forrestania, Focus and a lonely oil player Finder Energy rounded out the list.

Finder Energy has filed documents to secure the Petrojarl I floating production, storage and offloading vessel from Amplus Energy for US$15 million ($22.8 million).

Bulls N' Bears ASX Runner of the Week is… Everlast Minerals, after the newbie blasted onto the boards with a $6 million oversubscribed IPO for its Bangladesh mineral sands play. Finder Energy's Timor Sea oil farm-in with national heavyweight TIMOR GAP slashed the funding hurdles for first gushers, Environmental Clean Technologies zapped into the forever chemicals fight by grabbing Rice University's flash heating tech, and Swift Networks' tie-up with aged care giant Opal HealthCare unlocked screens and upsold cash amid regulatory rewrites.

The Timor Leste government will increase its stake in an oil joint venture with Perth-headquartered Finder Energy, in a deal which sent the company's share price soaring today.

Japanese LNG producer Inpex and Italy's ENI will sell a 76 per cent stake in four undeveloped oil fields off Timor Leste to ASX-listed junior Finder Energy, for an up-front $US2 million fee.

South Perth-based explorer Finder Energy has garnered $15 million for its initial public offering against a backdrop of rejuvenated oil prices.

A small Perth company with backers in Dubai has announced ambitious plans for a $4.1 billion project to convert gas from the Canning Basin into fertiliser and petrochemicals.