About
Sunda Energy is an independent gas-focused company. It has a material interest in the Chuditch gas project – an undeveloped, highly prospective offshore field in Timor-Leste and two exploration Service Contracts offshore the Philippines. The Company is acquiring a 100% working interest in producing assets onshore New Zealand*. Sunda is quoted on the AIM market of the London stock exchange (SNDA.L).
Development
Chuditch
- 1.2 Tcf Pmean gas
- >2 Tcf prospective gas
- 60% interest with government partner
- Appraisal drilling expected to lead to fast track development
- Potential 300 MMsfcd gas production
Production
New Zealand*
- 1,000 boepd
- 100% working interest
- Operated production with highly experienced team
- Multiple opportunities for near-term oil and gas production growth
Exploration & Appraisal
Sulu Sea
- >10 Tcf prospective gas Pmean resources
- 37.5% non-op. interest
- Planned farmout; hot exploration trend
*Sunda’s acquisition of the Assets is subject to customary approvals, including government consent.
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.
New Zealand
Sunda is acquiring a 100% working interest in and of four permits, Cheal, Cheal East, Sidewinder, and Puka, in the Taranaki region on the North Island of New Zealand (the “Assets”)*.
The Assets are operated by a highly experienced team and are currently producing ~1,000 boepd, with scope to more than double oil and gas production through near-term exploration and infield development projects. There are multiple opportunities for exploration and infield development projects across the Asset that offer material reserves and production growth.
Following the repeal of its oil and gas exploration ban in July 2025 and the introduction of its NZ$200m Gas Security Fund, New Zealand offers a supportive regulatory framework as it looks to facilitate the development of its indigenous energy resources.
The Assets provide Sunda with operated production, reserves, and cash flow, helping to create a solid foundation for developing gas resources and delivering value.
*Sunda’s acquisition of the Assets is subject to customary approvals, including government consent.
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 Sunda team is familiar with the region; they previously operated the SC‑80 area and, together with ExxonMobil, discovered Dabakan and Palendag.
There is an extensive database 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.