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Baron Oil ( (GB:SNDA) ) has provided an update.
Sunda Energy Plc announced a delay in its drilling operations for the Chuditch-2 appraisal well in Timor-Leste, now expected in the first half of 2026 due to logistical challenges. The company is working on securing necessary permits and funding while exploring new ventures in Southeast Asia to expand its portfolio.
More about Baron Oil
Sunda Energy Plc is an exploration and appraisal company focused on gas assets in Southeast Asia. The company is involved in projects such as the Chuditch PSC in Timor-Leste and is actively pursuing new business opportunities in the region, including applications for blocks in the Philippines.
Average Trading Volume: 156,356,792
Technical Sentiment Signal: Sell
Current Market Cap: £7.59M
Find detailed analytics on SNDA stock on TipRanks’ Stock Analysis page.