Finder Exploration Pty Ltd is looking for a partner to acquire interest in its full Australian portfolio, if interested parties are available.Â  The company is also farming out individual or groups of assets, but reports that the option is available for a company to take interest in its full range of assets, which all lie in Western Australia.    Finderâs permits include offshore Western Australia permits WA-59-R, which contains the Olympus discovery, WA-468-P and WA-500-P.Â  There is also holding in offshore Ashmore Cartier permits AC/P45 and AC/P55. The offshore assets could be farmed into as part of a larger asset deal.  Finder also reports that its onshore interests could be included as part of, or as a separate deal.Â  Currently, this covers EP 493 located in the Canning Basin.    Finder holds 100% interest in permits AC/P45, AC/P55, EP 493, WA-468-P and WA-500-P. In WA-59-R Finder holds 25% and 35% interest respectively with Quadrant Northwest Pty Ltd. Â   Previously permits AC/P61, EP 483, TP/25 and WA-412-P were included, but in September 2018 Finder reached a deal to farm-out 70% interest in these permits to Sapura Energy.    Finder was also offering up to 50% of its interest held in the Phoenix South/Roc Bedout Sub-basin permits: WA-435-P, WA-436-P, WA-437-P, WA-438-P. However, Finder announced on 3 May 2016 that it had entered into an agreement with Quadrant Energy (operator) to sell all interest held by Finder to Quadrant. The agreement has an effective start date of 1 March 2016 but remains subject to a number of conditions.    Finder was also offering interest in WA-520-P, located in the North Carnarvon Basin, and AC/P52 located in the Browse Basin. On 28 August 2017, Woodside Energy completed a farm-in deal to acquire operatorship and 90% interest in WA-520-P, with Finder continuing to participate in the permit with 10% interest.Â  Application for relinquishment of AC/P52 was made in February 2018 and then for AC/P56 in May 2018, therefore these are no longer included in the opportunity. AC/P52 was subsequently surrendered on 22 May 2018 and AC/P56 on 5 July 2018. WA-418-P was relinquished in January 2018 and this is also no longer being offered.    Information on the individual and other group asset opportunities from Finder is also available in the GEPS farm-in opportunity section.    Companies interested in pursuing this opportunity should contact:    Shane Westlake, CEO    Finder Exploration Pty Ltd, 9 Richardson Street, West Perth, WA 6005.    Tel: +61 8 9327 0128    Email: s.westlake@finderexp.com
Finder Exploration Pty Ltd is looking for a partner to acquire interest in its full Australian portfolio, if interested parties are available.  The company is also farming out individual or groups of assets, but reports that the option is available for a company to take interest in its full range of assets, which all lie in Western Australia. Finderâs permits include offshore Western Australia permits WA-59-R, which contains the Olympus discovery, WA-468-P and WA-500-P.  There is also holding in offshore Ashmore Cartier permits AC/P45 and AC/P55. 