Finder Energy Holdings Limited · ASX:FDR
Finder Energy — Investor Presentation (October 2025)
21 slides from Finder Energy's investor presentation, Oct 1, 2025
Slide 1: Corporate Presentation: KTJ Fast-Track to First Oil
Corporate For personal use only Presentation KTJ Fast-Track to First Oil October 2025 ASX : FDR 1
Slide 2: Highlights
Highlights 50% of development capex (US$170m) secured for KTJ Project under farmin agreement with TIMOR GAP1 For personal use only Accelerated FEED underway to fast-track development of the Kuda Tasi and Jahal oil fields in Timor-Leste (22 MMbbl Gross 2C2) Powerful cash flow with initial forecast pr
Slide 3: Corporate Snapshot (ASX:FDR)
Corporate Snapshot (ASX:FDR) 12 Month Price Chart Share Price Vol (m) Price ($) Company Directors 39c 25.0 $0.40 For personal use only 20.0 $0.30 as at 30 September 2025 Bronwyn Barnes 15.0 $0.20 Chairman Market Capitalisation1 10.0 $149m $0.10 5.0 0.0 $0.00 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25
Slide 4: PSC 19-11 Timor-Leste Overview
For personal use only PSC 19-11 Timor-Leste Overview 4
Slide 5: PSC 19-11 Resources
PSC 19-11 Resources1 Kuda Tasi Contingent and Prospective Resources2 16 MMbbl Karungu 180 Oil – MMbbl Jahal 10 For personal use only 6 MMbbl 160 26 PSC 19-11 140 Lanjara/SW 30 Laminaria/ 76% 120 Corallina 205 MMbbl Kitan 24% Buffalo 26 MMbbl 100 49 21 MMbbl 80 N Krill 14 MMbbl Squilla 60 10 km 9 MMb
Slide 6: TIMOR GAP Farmin
TIMOR GAP Farmin1 Development Partner and Funding For personal use only • TIMOR GAP is a highly valued joint venture partner and the National Oil Company of Timor-Leste • TIMOR GAP increases their participating interest from 24% to 34% • TIMOR GAP will contribute 50% of the total development capex f
Slide 7: SLB Strategic Alliance
SLB Strategic Alliance Strategic Development Alliance1 For personal use only • SLB and FDR entered into an alliance to fast-track development of the Kuda Tasi and Jahal oil fields (KTJ Project) • Completion of key drilling and subsea FEED components approximately 12 months ahead of schedule - markin
Slide 8: Accelerated FEED Project
Accelerated FEED Project Accelerated FEED Project Agreement1 FPSO For personal use only • FEED completed across technical domains including Subsurface, Well Construction, Reservoir, SPS and SURF • Project schedule – 6 to 9 months, 12 months ahead of schedule SPS/SURF • Core objectives and scope • de
Slide 9: Simple and Quick Development
Simple and Quick Development Conventional FPSO development Kuda Tasi FPSO For personal use only FPSO’s are readily Production Tree available for lease or redeployment, rather than a new build Moorings Simple subsea production system Flowlines and High value light sweet Umbilicals oil, low impurities
Slide 10: KTJ High Performance Reservoir
KTJ High Performance Reservoir Modelled Production Curves1 • High flow rates driven by: • High quality Laminaria Formation reservoir For personal use only • Regional aquifer provides pressure support • Light sweet oil (55-60° API), with low GOR • Dynamic reservoir modelling predicts initial producti
Slide 11: Sharper Seismic Imaging Unlocks Value
Sharper Seismic Imaging Unlocks Value Modern, high end technology processing Data quality of key reservoir target and delivered outstanding image improvements faults exceeded expectations For personal use only 2025 Kuda Tasi Lanjara Kitan 2025 Key Reprocessing Objectives • Position development wells
Slide 12: The Path to FID Leads to Value Recognition
The Path to FID Leads to Value Recognition 2024 VALUE Subsurface • 34.3 MMbbl1 Net 2C discovered oil in PSC 19-11 2P US$10-30/bbl For personal use only • 16.7 MMbbl1 Net 2C development ready at Kuda Tasi & Jahal NPV102 Proven Reserves 2025 Development Capability • SLB Integrated Project Team • Subsu
Slide 13: North Sea – UK Exploration Licences
For personal use only North Sea – UK Exploration Licences 13
Slide 14: UK North Sea – ILX Exploration Portfolio
UK North Sea – ILX Exploration Portfolio P2610 (50%) N Prolific Central North Sea 40 km For personal use only Johan Svedrup • All licences operated by P2655 (100%) Finder Gina Krog Claymore Piper Sleipner • Strategic partnerships Tartan formed with nearby Scott Kinnoull facility owners Golden Eagle
Slide 15: North West Shelf - Australia Exploration Permits
For personal use only North West Shelf - Austraila Exploration Permits 15
Slide 16: Australia - key positions in prolific basins
Australia - key positions in prolific basins WA-547-P (100%) Northern Carnarvon Basin Vulcan Sub-basin • 508 MMboe over Phoenix Proven Play For personal use only Oliver 3 key prospects1 Phoenix South surrounded by full- to-spill discoveries Roc • Along trend from Dorado Pavo Audacious Dorado Discove
Slide 17: Appendices
For personal use only APPENDICES 17
Slide 18: Contingent and Prospective Resources
Contingent and Prospective Resources Contingent Resources7,8 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 For personal use only Kuda Tasi Field Oil 9.0 15.6 24.8 6.8
Slide 19: 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. Fo
Slide 20: 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 21: For personal use only
For personal use only +61 8 9327 0100 info@finderenergy.com www.finderenergy.com 21
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