Finder Energy Holdings Limited · ASX:FDR
Finder Energy — SEAPEX Exploration Conference (SEC) 2025
19 slides from Finder Energy's conference presentation, May 12, 2025
Slide 1: SEAPEX Exploration Conference (SEC) 2025 Presentation, Singapore
ASX Announcement 12 May 2025 ASX:FDR SEAPEX Exploration Conference (SEC) 2025 Presentation, Singapore Finder Energy was pleased to promote the Kuda Tasi and Jahal Oil Development Opportunity at the Farmout and Opportunities forum at the SEC 2025 Conference in Singapore. We attach the presentation gi
Slide 2: Kuda Tasi & Jahal Oil Development Opportunity
Kuda Tasi & Jahal Oil Development Opportunity PSC 19-11, Timor-Leste Aaron Bond SEAPEX Farmin Forum, SEC Conference, Singapore 6 May 2025 visiteasttimor.com | Instagram/@7ennifer_ 1
Slide 3: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation has been prepared by Finder Energy Holdings Limited (ACN 656 811 719) (Finder or Company) to provide summary information about Finder and its associated entities and their activities current as at the date of this presentation. The information contai
Slide 4: High growth operated asset portfolio
UK - North Sea ILX Strategy with strategic high-quality partners PSC 19-11 Timor-Leste Discovered Oil Fields & Exploration Upside Rapid path 45 MMbbl 2C + High growth to First Oil 116 MMbbl Pmean1 operated asset Australia – North West Shelf portfolio Strategic position in highly prospective areas 1
Slide 5: Oil Development Opportunity
Oil Development Opportunity Development Ready Kuda Tasi Oil Fields Fast track path to Lanjara Prospect First Oil Jahal Excellent fiscal terms Kitan Equity available Lanjara SW Dataroom now open Prospect 4
Slide 6: PSC 19-11 - Location
PSC 19-11 - Location Discovered oil fields plus appraisal and exploration upside Dili Kuda Tasi Karungu 16 MMbbl 49 MMbbl Timor-Leste Greater Indonesia Australia Abadi Jahal 6 MMbbl PSC 19-11 Sunrise PSC 19-11 Evans Barossa Lanjara 26 MMbbl/ Lanjara West 10 MMbbl 76% Shoal Laminaria/ Corallina 24% B
Slide 7: Laminaria High - Proven Oil Provence
Laminaria High - Proven Oil Provence Squilla • 17 oil discoveries from 37 exploration wells 9 MMbbl Kurisi Top Reservoir (Laminaria) Depth map Field – Depleted • ~ 50% exploration success rate Field – 2C1 Krill • 6 oil fields, >270 MMbbl produced 14 MMbbl Prospect • Light sweet crude >55° API Kitan
Slide 8: Laminaria High – Full 3D coverage
Laminaria High – Full 3D coverage Kuda Tasi Jahal Lanjara Kitan Oil Karongo Krill Kurisi Oil Field Oil Field Prospect Field Discovery Discovery Prospect Nth Sth Early Cretaceous and Late Jurassic shale seal Middle Jurassic Laminaria and Plover sandstone reservoir 5 km Ikan 3D pSTM PSC 19-11 PSC19-10
Slide 9: Laminaria High – High Quality Reservoirs
Laminaria High – High Quality Reservoirs Squilla-1A Krill-1 Kitan-1 Jahal-1ST1 Jahal-1 Kuda Tasi-1 Kuda Tasi-2 Kuda Tasi-3 R/P FLAG R/P FLAG R/P FLAG R/P FLAG R/P FLAG R/P FLAG R/P FLAG R/P FLAG mTVDKB mTVDKB mTVDKB mTVDKB mTVDKB mTVDKB mTVDKB mTVDKB GR Por/Sat GR Por/Sat GR Por/Sat GR Por/Sat GR Po
Slide 10: Kuda Tasi Oil Field Summary
Kuda Tasi Oil Field Summary N KT2 S • High value light oil (56° API) discovered in excellent quality Laminaria Fm sandstone reservoir • Fully appraised with 3 wells defining field size and field wide oil-water- contact (OWC) at 3,425 mSS • Kuda Tasi-2 DST flowed 5,200 bopd, with high productivity sh
Slide 11: Jahal Oil Field Summary
Jahal Oil Field Summary • Wells confirmed a field wide OWC at 3,283mSS Jahal-1 • DST flowed light oil (57° API) with no pressure depletion • Updip production well potential with cored reservoir showing porosity and permeability up to 15% and 1,000 md • Simple tilted fault block can be drained by sin
Slide 12: Kuda Tasi and Jahal Oil Field Models
Kuda Tasi and Jahal Oil Field Models Jahal Subsurface Model - Permeability Jahal-2 • Detailed reservoir simulation built using high Development Well Permeability (mD) 1,000 quality well dataset and nearby analogue 100 fields 10 • Initial production rates 25,000-40,000 bopd1 1 – facility dependent 0.
Slide 13: Development Strategy
Development Strategy Innovative development solutions to reduce cost and accelerate First Oil KT5 • Sub-sea FPSO development comprising 3 development wells KT4 KTJ – 3 Well • Phased early production development Development – reduced Capex, quicker time to first oil FPSO J2 Lanjara Prospect 400m wate
Slide 14: PSC 19-11 | Oil Development Summary
PSC 19-11 | Oil Development Summary High value High Quality Upside Timor-Leste Project Resource Strong cash flows 45 MMbbl 2C + Appraisal and Low Risk Stable developing nation 116 MMbbl Pmean2 Exploration with low ESG Risk Initial production rates of Discovered and appraised Discovered Krill and Squ
Slide 15: APPENDIX: Petroleum Resource Tables
APPENDIX: Petroleum Resource Tables 14
Slide 16: Contingent and Prospective Resources
Contingent and Prospective Resources Contingent Resources7 Oil/Cond Gross Contingent Resources Net Contingent Resources ASX announcement reference date and Country Licence FDR Equity Name Status (MMbbl)/ notes3 Gas (BCF) 1C 2C 3C 1C 2C 3C Kuda Tasi Field Oil 9.0 15.6 24.8 6.8 11.9 18.8 ASX - 8 Aug 2
Slide 17: Notes on Petroleum Resource Calculations
Notes on Petroleum Resource Calculations Table Notes 1. Finder calculates reserves and resources according to the Society of Petroleum Engineers Petroleum Resource Management System (SPE-PRMS) definition of petroleum resources. Finder reports reserves and resources in line with ASX listing rules. 2.
Slide 18: Disclaimers and Cautionary Statement
Disclaimers and Cautionary Statement Forward-looking statements This announcement contains certain “forward-looking statements”, which can generally be identified by the use of words such as “will”, “may”, “could”, “likely”, “ongoing”, “anticipate”, “estimate”, “expect”, “project”, “intend”, “plan”,
Slide 19: www.finderenergy.com
Av Finder www. finderenergy.com
Finder Energy Holdings — SEAPEX Exploration Conference (SEC) 2025 on 6ix