Baron Oil (GB:SNDA) has released an update.
Sunda Energy Plc is making significant strides in its Southeast Asian gas ventures, with advanced negotiations for drilling rigs and funding for its Chuditch PSC project in Timor-Leste. The company anticipates commencing drilling in Q2 2025 and is also hopeful about acquiring new licenses in the Philippines. These efforts are part of Sunda’s strategy to expand its portfolio of gas assets in the region.
For further insights into GB:SNDA stock, check out TipRanks’ Stock Analysis page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
