• Sunda Energy CEO Andy Butler delivers Chuditch project milestone update

  • Jul 8 2024
  • Length: 4 mins
  • Podcast

Sunda Energy CEO Andy Butler delivers Chuditch project milestone update By cover art

Sunda Energy CEO Andy Butler delivers Chuditch project milestone update

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  • Sunda Energy PLC (AIM:SNDA) CEO Andy Butler talked with Proactive's Stephen Gunnion about the company's latest developments, including the official name change to Sunda Energy, reflecting its focus on Southeast Asia and gas projects in Timor-Leste. Butler emphasised the strategic importance of the name change and how it aligns with the company's core business area in Southeast Asia. He mentioned the company's progress with the Chuditch project, highlighting that Sunda Energy has entered the third year of the Chuditch production sharing contract, with obligations to drill a well by June next year. Butler also discussed the ongoing funding initiatives, expressing optimism about securing partnerships with parties focused on gas opportunities in Southeast Asia. The CEO confirmed that Sunda Energy is targeting early 2025 for initial drilling, with significant progress in drilling planning, tendering, and governmental approvals. Key updates to watch for include procurement steps, environmental approvals, and funding developments as Sunda Energy advances towards its drilling campaign. For more videos, visit Proactive's YouTube channel. Don't forget to like this video, subscribe to the channel, and enable notifications for future content. #SundaEnergy #AndyButler #SoutheastAsia #GasProjects #TimorLeste #ChuditchProject #EnergyNews #ProactiveInvestors #EnergySector #CompanyUpdates #DrillingCampaign #FundingInitiatives #EnvironmentalApprovals #EnergyGrowth #NaturalGas #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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