Sunda Energy plc (SNDA.L) has announced a delay in the drilling of its Chuditch-2 appraisal well offshore Timor-Leste. According to the company, this is now likely to be drilled in H1 2026 rather than in August 2025, as originally planned. We believe the delay reflects the availability of suitable helicopters for serving the prospective rig site stemming from constraints related to Timor-Leste local content requirements and a change in the accredited helicopter operator in the country. Sunda Ene ....

17 Jun 2025
Allenby Capital - Sunda Energy update

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Allenby Capital - Sunda Energy update
Sunda Energy PLC (SNDA:LON) | 0.0 0 (-1.8%) | Mkt Cap: 8.02m
- Published:
17 Jun 2025 -
Author:
Peter Dupont -
Pages:
2 -
Sunda Energy plc (SNDA.L) has announced a delay in the drilling of its Chuditch-2 appraisal well offshore Timor-Leste. According to the company, this is now likely to be drilled in H1 2026 rather than in August 2025, as originally planned. We believe the delay reflects the availability of suitable helicopters for serving the prospective rig site stemming from constraints related to Timor-Leste local content requirements and a change in the accredited helicopter operator in the country. Sunda Ene ....