FDR finder energy holdings limited
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For anyone just looking at this today on the back of the...

  1. onthepunt
    5,573 Posts.
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    17/06/25
    12:05
    Post #: 79461909
    For anyone just looking at this today on the back of the announcement and gains - this is not just an explorer.

    Kuda Tasi and Jahal are discovered oil fields with 5 wells appraised, logged, cored & well tested . They show light high-quality oil at >55 API. Estimated to flow at 25,000-40,000 bopd, basically dependent on the type of FPSO we use.

    There are also discoveries at Squilla and Krill and further prospects in the block, which is in a proven producing formation.

    Discovered Oil 45 MMbbl1 (Gross, 2C)
    Prospective Oil 116 MMbbl1,2 (Gross, Mean)

    Still only ~$25m market cap which is lower than plenty of explorers.
    Last edited by onthepunt: 17/06/25
    FDR Price at posting: 8.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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