Sunda Energy Plc (SNDA) Ord 0.025p

Sunda Energy Plc is a United Kingdom-based independent energy operating company. The Company is focused on the exploration, appraisal and early development of gas assets in Southeast Asia. It operates a Production Sharing Contract (PSC) in Timor-Leste that includes a gas field called Chuditch through its local subsidiary. Its wholly owned Timor-Leste subsidiary, SundaGas Banda Unipessoal Lda. (SundaGas) is the operator of and 60% interest holder in the offshore Timor-Leste TL-SO-19-16 PSC. The Chuditch PSC is located approximately 185 kilometers (km) south of Timor-Leste, 100 km east of the producing Bayu-Undan field, and 50 km south of the Greater Sunrise potential development. It covers an area of approximately 3,571 square kilometers (km2), at water depths of 50-100 meters, and contains the Chuditch-1 gas discovery.