Each one in plain English, with the numbers worked through for a shareholder.
15 Dec 2025asset acquisition disposition▲ GoodMajor
Finder completed the Petrojarl I FPSO purchase from Amplus; title passed to subsidiary Jarl Marine. It also signed FEED, conversion management and operations framework contracts with Amplus. FID is still targeted mid-2026. Resolves the 3 December deal; the share issue is still pending.
15 Dec 2025farm in farm out completion▲ Good
The P2530 farmout to Serica completed. Finder now holds 20% and remains operator, and has invoiced Serica £500k. A joint venture decision on drilling a Wagtail appraisal well (Phase C) or leaving the licence comes at the end of Phase B. Resolves the 4 November deal.
10 Dec 2025investor presentation● Neutral
Webinar deck on the Petrojarl I deal. Gives payment detail: US$9.0m in shares, US$3.5m cash on completion, US$2.5m at FID, plus about US$2m already paid for FEED and exclusivity. Otherwise repeats FID mid-2026 and first oil end-2027 targets.
9 Dec 2025capital raising announcement▲ Good
Tranche 1 of the 3 December placement closed: 53.5m shares issued at $0.37 raising about $19.8m. Tranche 2 of 14,067,568 shares needs shareholder approval at an EGM expected January 2026. Continues the placement.
What it means for a shareholder
53.5m new shares at A$0.370 to raise about A$19.8m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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5 Dec 2025other● Neutral
Notice of an investor webinar on 10 December 2025 where CEO Damon Neaves will discuss the Petrojarl I acquisition. No new information.
3 Dec 2025capital raising announcement● Neutral
Investor presentation for the Petrojarl I acquisition and A$25m placement at $0.37 per share, which was announced the same day. Mostly disclaimers in the visible text; no new terms beyond the announcement.
3 Dec 2025admin correction● Neutral
Corrects a footnote in the 3 December placement presentation's pro forma capital table: 2,000,000 options are proposed for non-executive directors. The presentation's own references were already correct. Administrative fix only.
3 Dec 2025asset acquisition disposition▲ GoodMajor
Finder will buy the Petrojarl I FPSO from Amplus Energy for US$15m (US$6m cash plus 37.2m shares at $0.37), to be used for KTJ. It also raised A$25m via a two-tranche placement of about 67.6m shares at $0.37, with tranche 2 needing shareholder approval. Resolves the FPSO selection thread.
26 Nov 2025investor presentation● Neutral
Finder's Subsurface Manager presented the KTJ project at the Timor-Leste Energy Forum in Dili. President Ramos-Horta publicly mentioned the project and the government's support. Presentation repeats known resource and development facts; no new result or deal.
17 Nov 2025investor presentation● Neutral
AGM presentation by the CEO recaps the 2H 2025 milestones and targets FID in Q2 2026 and first oil late 2027. Says KTJ could generate over US$1 billion gross revenue (at US$65/bbl, 3 wells). Shows 49.5c share price, $191m market cap and $7.1m net cash. Nothing new.
17 Nov 2025agm notice● Neutral
Chair's address to the 2025 AGM describes Finder as an emerging developer, targeting FID in the first half of 2026 and first oil by end-2027. Says UK and North West Shelf spending is being kept low with selective farmouts. Speech repeating known facts.
4 Nov 2025farm in farm out agreement▲ GoodMajor
Finder agreed to farm out 40% of UK licence P2530 (Wagtail discovery, 19 MMbbl gross 2C) to Serica, keeping 20% and operatorship. Finder gets £500k on completion, a carry to end of Phase B and £936k if the licence enters Phase C. Conditional on NSTA approvals; the NSTA has said it will extend the licence phases. Resolves the November drill-or-drop deadline.
30 Oct 2025quarterly activities report● Neutral
September quarter report recaps the completed TIMOR GAP farmin, RISC upgrade to 25.5 MMbbl gross 2C, SLB-accelerated FEED, Krill/Squilla remapping and FPSO due diligence. FID still targeted mid-2026. Net cash $7.6m at 30 Sep 2025. Largely known events.
28 Oct 2025investor presentation● Neutral
Late-October corporate presentation updates the earlier deck to say the TIMOR GAP farmin has been completed (34%/66%). Shows 48.5c share price (27 Oct) and $187m market cap, down from 58.5c. Otherwise repeats known facts.
27 Oct 2025resource reserve update▲ GoodMajor
Remapping on the new Ikan 3D data lifts gross rock volume of the Krill discovery by 60% and Squilla by 243%. These are rock volumes, not resource numbers; updated contingent resource estimates and appraisal well locations are still to come. Follows the KTJ upgrade of 8 Oct.
21 Oct 2025farm in farm out completion▲ GoodMajor
The TIMOR GAP farmin completed after all approvals were received. TIMOR GAP's PSC 19-11 interest rises from 24% to 34%; Finder keeps 66% and operatorship. TIMOR GAP funds 50% of KTJ development capex (gross cap US$338m) plus FID-acceleration support. Resolves the 25 Sep signing.
13 Oct 2025investor presentation● Neutral
October 2025 corporate presentation restates the TIMOR GAP farmin (50% of development capex, about US$170m, still subject to approvals) and the RISC-upgraded 25 MMbbl gross 2C. Shows 58.5c share price and $225m market cap, up from 39c. No new events.
8 Oct 2025resource reserve update▲ GoodMajor
RISC Advisory independently verified a Kuda Tasi and Jahal upgrade after the Ikan 3D reprocessing: gross 2C rose 14% to 25.5 MMbbl from 21.9 MMbbl, and gross 1C rose 31% to 19 MMbbl. Finder says this supports debt financing. Resolves the pending resource certification.
3 Oct 2025security holder rights change● Neutral
Two-thirds of 2,416,667 performance rights issued in January 2023 vested after the 30-day VWAP exceeded 31c at the September quarter end. Holders have not yet converted them to shares; they can do so until 8 January 2028. Minor dilution.
1 Oct 2025investor presentation● Neutral
October 2025 corporate presentation adds the TIMOR GAP farmin (50% of development capex, about US$170m, secured subject to approvals). Shows a 39c share price on 30 September and $149m market cap, up from 11.5c in the September deck. Otherwise repeats known facts.
26 Sept 2025annual report● Neutral
2025 Annual Report for the year to 30 June 2025. The Chairman describes Finder as an emerging developer after the PSC 19-11 acquisition, with first oil targeted by end-2027 and FID next year. Largely recaps known facts; full financials are not visible in the text provided.
26 Sept 2025annual report● Neutral
Appendix 4G and corporate governance statement for the year to 30 June 2025, approved by the board. Compliance filing accompanying the annual report with no new business information.
25 Sept 2025farm in farm out agreement▲ GoodMajor
TIMOR GAP signed a binding farmin lifting its PSC 19-11 interest from 24% to 34%, leaving Finder 66% and operator. It will fund 50% of development capex from FID (gross cap US$338m) plus 24% of FID-acceleration costs (cap US$15m). Completion expected around late October 2025. Finder targets FID by mid-2026.
17 Sept 2025agm notice● Neutral
Finder will hold its 2025 AGM on 17 November 2025. Director nominations close 29 September 2025. Administrative notice only.
10 Sept 2025investor presentation● Neutral
CEO presentation at the RIU Good Oil conference in Perth, covering the SLB alliance, 25,000-40,000 bopd forecast and path to FID. Conference deck repeating known facts; the visible text shows no new result or deal.
8 Sept 2025joint venture update● Neutral
Update on the push to FID in 2026: SLB's accelerated FEED is due early 2026, FPSO selection is at an advanced stage, and Ikan 3D mapping and static modelling are under way. Rig search continues, as the fields' 400-430m water depth is too deep for jack-ups.
1 Sept 2025investor presentation● Neutral
September 2025 corporate presentation restates the SLB alliance, 22 MMbbl gross 2C and 25,000-40,000 bopd forecast. Shows 11.5c share price, 382m shares, $44m market cap and $9.5m net cash. Shares are up from 7.5c in July; no new events.
29 Aug 2025director officer appointment● Neutral
CFO and Joint Company Secretary Anthony Benino resigned, moving full-time to the Longreach Group, Finder's major shareholder. Financial Controller Sarah Qiao becomes Acting CFO and Paula Kane becomes Company Secretary. Finder's finance lead changes, on an acting basis.
31 July 2025investor presentation● Neutral
July 2025 corporate presentation restates the SLB-accelerated FEED, 22 MMbbl gross 2C and 25,000-40,000 bopd forecast. Shows 7.5c share price, 335.6m shares (376.6m after Tranche 2) and $7.2m net cash ($9.8m after T2). Nothing new.
31 July 2025quarterly activities report● Neutral
June 2025 quarter: SLB alliance, Ikan reprocessing completion and Dili office recapped. Finder is negotiating FPSO, rig and funding, aiming for FID next year. Cash is expected to be $9.8m after Tranche 2 settles following the 20 August EGM. FEED now due Q1 2026.
