Sunda Energy Share Discussion Threads

[allesandro] 25/9/2024 11:04

mistermuesli, i will try and keep it informative and clean,if we get some reliable regular posters i will also invite suggestions of content to add.

[mistermuesli] 25/9/2024 10:29

Let's hope this is a sensible thread unlike the other nonsense threads. Sunda deserves some close attention.

[allesandro] 25/9/2024 10:24

Guys,yes a new forum for Sunda Energy was needed after the name change and at this key time where we expect the company to finally get the prize asset at TL off the ground.

I am hoping to add more content to the thread on an ongoing basis,to include any latest CEO video,s and prsentations etc.And wider research from the region of operation.

[1_dma] 25/9/2024 09:41

eddie

Any idea who the potential partners could be in Timor Leste ?

[eddie jackson] 25/9/2024 09:18

I think we are getting near to that big RNS :-) All the signs coming out of Timor Leste are very positive indeed at the moment and the key players all aligned.

[1_dma] 24/9/2024 22:08

Nice to finally see a new thread for the company after the name change - i have a hunch there are some big developments coming in this quarter at Sunda.

[allesandro] 24/9/2024 15:51

Timor Leste Potential for Micro-cap to Mid-Tier

Sunda Energy currently operates in Timor-Leste, where it holds a 60% interest in the large Chuditch gas field. The Company is leveraging its knowledge, expertise and network to access other material gas assets that have the potential to significantly increase shareholder value and make a meaningful difference to the countries in which we operate.

Timor-Leste offers a favourable, safe business environment, in a highly collaborative partnership with government. The country is an active participant member of the Extractive Industries Transparency Imitative (EITI), ensuring high standards of compliance and integrity.

The economy, which uses US Dollars, is substantially dependent on revenues from hydrocarbons, principally from one gas field, named Bayu-Undan. This field has been responsible for the lion’s share of GDP since independence but is now near the end of its production life.

Bayu-Undan has funded a Sovereign Wealth (Petroleum) Fund, which continues to sustain the state budget. At the end of 2023, the Petroleum Fund amounted to c.$18bn. Beyond gas proceeds, the largest revenues come from overseas remittances and agricultural products (e.g., coffee), but these are very limited by comparison.

As a result of its economic situation, the Timor-Leste government is keen to see new resources matured, in both the oil and gas and nascent mining sectors. This drive leads to strong alignment between industry and the regulator (ANP) and state-owned energy company TIMOR GAP in seeking to expedite the safe, reliable development of the nation’s resources.


Philippines Licence Round Application - Mindanao

Sunda Energy Plc have also recently announced ( 28th Aug 24 ) that, in line with its refined strategy to focus on gas in Southeast Asia, it has submitted applications for two offshore licence areas in the Philippines which contain several material gas discoveries and significant upside potential.

These applications have been made in a joint venture partnership with three other companies and, if successful, Sunda expects to hold a 37.5% non-operated interest in any resulting service contracts that are awarded. The application areas are offshore and contain several material gas discoveries and significant upside potential which the Company hopes to evaluate following award if successful. It is expected than any resulting service contracts will have modest initial work programmes.

[investor125] 05/9/2024 12:00

Really.....lol....

[bri15] 02/9/2024 09:55

Breakout in share price coming.

[waltzing] 27/8/2024 21:50

Has everyone sold out where is everybody

[investor125] 13/8/2024 02:06

This is SUNDA not MAST....clown!

[citys2874] 12/8/2024 14:32

MAST worth buying contract news due breaking out

[leewink1] 12/8/2024 13:54

Hmm, looks a bit dead to me

[citys2874] 12/8/2024 11:46

buys coming in now should be a big afternoon rally

[citys2874] 12/8/2024 11:43

mms ticking up up 41 percent now ready to move into the 0.09s+

[citys2874] 12/8/2024 11:18

Fabulous RNS this morning now getting lots of media attention

[citys2874] 12/8/2024 09:04

0.085 paid

[citys2874] 12/8/2024 09:03

could well see this break past 0.10 later today looking very strong for a big rally today

[citys2874] 12/8/2024 09:00

number 2 on the leaderboard risers now

[citys2874] 12/8/2024 08:46

mms ticking up again

[citys2874] 12/8/2024 08:43

moving up up 42 percent