Finder Energy holds 76% and Operatorship of PSC 19-11, located within the prolific Laminaria High oil province of Timor-Leste.
Near Term Development
- Discovered and fully appraised Kuda Tasi and Jahal Oil Fields with combined 22 MMbbl Gross 2C Contingent Resources
- Multiple development concepts including proven FPSO tied to subsea wells
- Excellent initial production rates of 25,000 – 40,000 bopd (facility dependant)
- Rapid development pathway
- Initial development provides hub for additional near field development, creating a pipeline of opportunity
Low Risk Upside
- Discovered Krill & Squilla Oil Fields with combined 23 MMbbl Gross 2C Contingent Resources
- Drill-ready, low-risk and near-field exploration prospects with combined 116 MMbbl Gross Mean Prospective Resources
Equity is available in the PSC. Please contact info@finderenergy.com if you would like to find out more about the project.
