About
Sunda Energy is an independent gas-focussed company. It has a material interest in the Chuditch gas project – an undeveloped, highly prospective offshore field in Timor-Leste – and a growing business in SE Asia, which includes two Petroleum Service Contracts offshore the Philippines. The Company is quoted on the AIM market of the London stock exchange (SNDA.L).
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, expected to commence in H1 2026. 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.
Philippines
Sunda holds non-operated interests (37.5% each) in two Petroleum Service Contracts, SC-80 (PDA-BP-2) and SC-81 (PDA-BP-3), in the south-west part of the Sulu Sea, offshore the Philippines. The licences were awarded as part of the 1st Conventional Energy Bid Round of the Bangsamoro Autonomous Region of Muslim Mindanao (“BARMM”), in October 2025.
The region is well known to the Sunda team, which have previously operated the SC-80 area, discovering Dabakan and Palendag, alongside ExxonMobil.
There is an extensive base of data covering the area, including seismic and wells, and considerable upside gas potential has been identified.
The regional authorities are highly supportive, with the government implementing various incentives to encourage development of indigenous gas resources.