Sunda has released its FY’25 results, showcasing a near-term focus on the acquisition of assets in New Zealand from Matahio. Sunda announced that Matahio completed a substantial oil lifting in May 2026 at "exceptionally high prices" – we estimate that for every US$10/bbl above US$68/bbl (over ~6 months from announcement date to completion) should reduce the completion payment by ~US$1mm. With an effective date of 1 January 2026, these proceeds reduce the net acquisition price due at completion o ....
