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Sunda Energy PLC is an independent gas-focused company with a material undeveloped gas field and a growing business in SE Asia. The principal activity of the Company is that of oil and gas exploration and appraisal. Its project is Timor-Leste TL-SO-19-16 PSC. The Company operates a PSC offshore Timor-Leste containing the Chuditch gas field and significant additional prospective potential. It 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). The Chuditch PSC is located approximately 185 kilometers (km) south of Timor-Leste, 100km east of the producing Bayu-Undan field, and 50km south of the Greater Sunrise potential development. It covers an area of approximately 3,571 square kilometers (km2), in water depths of 50-100 meters.
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