Sunda Energy is advancing its offshore Chuditch-2 appraisal well with state-owned partner, TIMOR GAP in Timor-Leste. In April 2025, Sunda signed a farm-in agreement reducing its working interest in the Chuditch asset from 100% to 30%, with TIMOR GAP increasing its stake to 70%. Completion of the transaction is subject to three conditions: the signing of a rig contract for drilling Chuditch-2, shareholder approval, and final sign-off by the Timor-Leste petroleum regulator, ANP. Shareholder approv ....
