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Baron Oil ( (GB:SNDA) ) has shared an update.
Sunda Energy Plc has announced the completion of the first drawdown of US$1.5 million in Loan Notes, which will be used to fund the company’s share of costs for the Chuditch-2 project and related expenses. This financial move is expected to support Sunda’s operational capabilities and strengthen its position in the Southeast Asian gas industry, with further announcements anticipated for future drawdowns.
More about Baron Oil
Sunda Energy Plc is an AIM-quoted company specializing in the exploration and appraisal of gas assets, primarily focused on Southeast Asia.
Average Trading Volume: 138,871,426
Technical Sentiment Signal: Sell
Current Market Cap: £12.25M
See more data about SNDA stock on TipRanks’ Stock Analysis page.