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IN BRIEF: Sunda Energy submits environmental plans for Chuditch-2 well

11th Apr 2025 13:45

Sunda Energy PLC - Southeast Asia-focused gas resource company - Says subsidiary SundaGas Banda Unipessoal Lda on Friday submitted drafts for publication consultation of the environmental impact statement and environmental management plan for the drilling of the Chuditch-2 appraisal well on the Timor-Leste production sharing contract TL-SO-19-16. The plans were submitted to the Timor-Leste regulator Autoridade Nacional do Petróleo, or the National Petroleum Authority.

The public consultation will run for 14 days, after which SundaGas will submit final versions of the documents to the ANP for review and approval. The plans incorporate results from the environmental baseline survey conducted in January.

Current stock price: 0.050 pence, down 13% in London on Friday afternoon

12-month change: down 29%

By Emily Parsons, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.


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