Finder Energy Holdings Limited has announced that its Ikan 3D reprocessing project for PSC 19-11 has been completed in record time, delivering high-quality seismic data that significantly enhances subsurface imaging. The reprocessed data, achieved using modern DUG McCloud technology through EIF Geosolutions, shows notable improvements in the reservoir pay interval and fault mapping, particularly over the Kuda Tasi and Jahal oil fields. These enhanced seismic images provide a clearer view of geological features, especially through challenging shallow faulting and beneath seabed reefs where discoveries such as Krill are located. The improved data is now fueling several critical workstreams. Technical teams have already begun interpreting the data to update the mapping of key production zones in the Kuda Tasi and Jahal fields, which together contain a combined gross contingent resource of 22 million barrels. This interpretation will support not only the final placement of development wells but also contribute to independent resource certification, production and economic modeling, and the preparation of a Field Development Plan. Additionally, the new seismic clarity facilitates re-evaluation of other prospects such as the Krill and Squilla oil fields, which hold combined potential ranging significantly in estimates, as well as assisting in de-risking various high-value exploration targets. The advanced imaging also reveals a far superior signal-to-noise ratio than previous datasets, resolving earlier challenges with mapping faults across different geological layers. This breakthrough in imaging will aid the design of static and dynamic reservoir models, enhance seismic-to-well tie accuracy, and contribute heavily to de-risking and partner-securing efforts which are critical to accelerating the timeline toward First Oil. Bullish sentiment among market participants may emerge from the impressive technical advancements and accelerated timeline toward First Oil. The enhanced seismic data not only bolsters confidence in the mapping and development of the Kuda Tasi and Jahal fields but also supports a broader strategic effort to secure industry partners and funding. Investors might view these achievements as a sign of strong technical capabilities and a proactive approach to risk reduction in exploration and production. Conversely, bearish sentiment may arise from the inherent uncertainties that accompany forward-looking projects. While the upgraded data is promising, the realization of anticipated production and economic benefits remains contingent on successful partner engagement, funding, and further technical validations. Additionally, potential challenges in converting improved imaging into commercial production, as well as the risks associated with probabilistic resource estimates, may temper investor enthusiasm.