Australia's Finder Energy rises on collaborating with Serica Energy for UK assets

Finder Energy Holdings

04/11/2025 02:46

** Shares of Finder Energy Holdings FDR.AX rise as much as 6.7% to A$0.475, their biggest intraday pct gain since October 31

** Oil and gas exploration firm signs farmout agreement to assign a 40% interest in Seaward Production Licence P2530, part of the North Sea in UK, to London-listed Serica Energy SQZ.L

** Co to retain 20% interest and operatorship in licence, transaction terms include cash consideration of A$1 million ($649,800.00), others

** Stock up 1079.5% YTD, including current session's move

($1 = 1.5389 Australian dollars)

 (Reporting by Ananya Verma in Bengaluru)

 ((ananya.verma@thomsonreuters.com;))