Sunda Energy plc (SNDA.L) (formerly Baron Oil plc) is an independent gas-focussed company with a material undeveloped gas field and a growing business in SE Asia. The Company is quoted on the AIM market of the London stock exchange. It operates a PSC offshore Timor-Leste containing the Chuditch gas field and significant additional prospective potential.
Timor Leste TL-SO-19-16 – Chuditch
Sunda Energy holds a 60% working interest and operates the TL-SO-19-16 Production Sharing Contract (“Chuditch PSC”) offshore Timor-Leste through its wholly owned subsidiary company SundaGas Banda Unipessoal Lda. (“SundaGas”).
Having completed extensive reprocessing and interpretation of 3D seismic data and numerous other technical studies, SundaGas is now in advanced preparations for drilling of a milestone appraisal well, scheduled for early 2025. The Chuditch-2 well will be drilled with the objectives of validating the resources assessed by SundaGas’ work and the CPR, plus the carrying out of a production flow test (DST) to establish the potential flow rates that may be achieved in an anticipated future development. Drilling of the well is subject to funding, which is being addressed through ongoing financing initiatives.
Research
30 May 2024 Update: Preparations for Chuditch-2 well advancing to plan
Sunda Energy Plc (formerly Baron Oil plc)
20 Feb 2024 Update – Chuditch-2 appraisal well preparations
Sunda Energy Plc (formerly Baron Oil plc)
24 Jan 2024 Update: Chuditch project advances with farm-up agreement
Sunda Energy Plc (formerly Baron Oil plc)
30 Nov 2023 Update – Chuditch project planning continues apace
Sunda Energy Plc (formerly Baron Oil plc)
25 Sep 2023 Interims – ‘Good progress’ on Chuditch 1 funding
Sunda Energy Plc (formerly Baron Oil plc)
23 May 2023 Finals: Projects awaiting JV partners
Sunda Energy Plc (formerly Baron Oil plc)
28 Feb 2023 Update – Sizeable contingent resource established
Sunda Energy Plc (formerly Baron Oil plc)
16 Feb 2023 Update – Dunrobin medium sized play of moderate risk
Sunda Energy Plc (formerly Baron Oil plc)
19 Jan 2023 Update: Influential news pending
Sunda Energy Plc (formerly Baron Oil plc)
15 Nov 2022 Update: Chuditch a world class project
Sunda Energy Plc (formerly Baron Oil plc)
18 Oct 2022 Natural Resources Update 18.10.22: BOIL.L
Sunda Energy Plc (formerly Baron Oil plc)
28 Jun 2022 Natural Resources Update 28.06.22: BOIL.L
Sunda Energy Plc (formerly Baron Oil plc)
13 Jun 2022 Update – Chuditch project is approaching a critical phase
Sunda Energy Plc (formerly Baron Oil plc)
27 Jan 2022 Update – Chuditch project on schedule
Sunda Energy Plc (formerly Baron Oil plc)
8 Dec 2021 Update – Chuditch PSC 3-D seismic reprocessing
Sunda Energy Plc (formerly Baron Oil plc)
18 Aug 2021 Update
Sunda Energy Plc (formerly Baron Oil plc)
16 Jul 2021 Natural Resources Update 14.07.21 – BOIL.L
Sunda Energy Plc (formerly Baron Oil plc)
18 Jun 2021 Update: Increase in Chuditch interest
Sunda Energy Plc (formerly Baron Oil plc)
8 Jun 2021 Update: Chuditch seismic reprocessing underway
Sunda Energy Plc (formerly Baron Oil plc)
21 Mar 2021 Update: Chuditch interest increased, financing underpinned
Sunda Energy Plc (formerly Baron Oil plc)
8 Jan 2021 Update: Major Chuditch resource upgrade
Sunda Energy Plc (formerly Baron Oil plc)
29 Jul 2020 Initiation: Transformational potential
Sunda Energy Plc (formerly Baron Oil plc)