Finder Exploration Australia
Finder is a privately owned offshore oil and gas exploration company based in West Perth, Australia. The company was founded in 2004 by Jan Ostby and Odd Arne Larsen and has secured and operated a total of thirty petroleum Exploration and Production (“E&P”) Permits in Australia, New Zealand, Jamaica and the United Kingdom to date. In addition, Finder historically operated three petroleum E&P Permits in Papua New Guinea on behalf of Chinampa Exploration Pty Ltd.
Finder creates value through leveraging relationships, data access and knowledge to capture and develop “high impact” oil and gas exploration acreage. We are aggressive and decisive in our pursuit of opportunities and identify like-minded joint venture partners to help develop drillable prospects. All with the purpose to fulfill our vision to “Find Oil and Gas.”
We aim to build our asset base/acreage portfolio and seek to establish revenue through:
Acquisition of prospective acreage in line with Finder’s agreed acreage principles;
Detailed assessment and risk mitigation of exploration acreage; and
“Farmdown” (or equity dilution) of subsequent high graded acreage to others, while retaining upside through drilling.
Finder utilises its extensive seismic, well and geosciences data base to leverage our “in-depth” regional geologic knowledge to unlock new and/or previously overlooked play concepts (and/or sedimentary basins) to capture prospective acreage ahead of acquiring new seismic data and ultimately drilling. This delivery and leveraging of new seismic data is either through new acquisition or reprocessing of existing data plus using “fit-for-purpose” high-end geophysical techniques to enable the appropriate risk mitigation across the suite of exploration prospects and leads. Finder has a strategic alliance with Fugro to provide technical and/or financial support for selected Finder exploration opportunities. In return, Fugro receives a share of the profits earned from the projects in which it participates with Finder. Fugro works around the globe and creates value by acquiring and interpreting Earth and engineering data and provided associated consulting services to support its clients.
9 Richardson Street West Perth WA 6005 Australia
(P): +61 8 9327 0100
(F): +61 8 9327 0101