Sunda Energy PLC (SNDA) · 2026-10-19
Sunda Energy PLC has secured a 12-month extension to the current TL-SO-19-16 PSC phase, preserving time to pursue Chuditch-2, but ANP’s earlier notice of intention to terminate the PSC remains unresolved. The joint venture is discussing a possible TIMOR GAP farm-in and transfer of operatorship, while the extension suspends the PSC cost-recovery-account uplift until drilling operations begin.
Sunda Energy PLC (SNDA) · 2026-10-14
Sunda Energy PLC’s offshore New Zealand exploration permit application is now exclusive after the competing-offer period ended, but the regulator has yet to decide and neither an award nor its timing is guaranteed.
Sunda Energy plc (SNDA) · 2026-09-24
Sunda Energy’s oversubscribed retail offer conditionally raised £525,000 at 1.5p per share, taking its wider fundraising to £5.775 million. Completion remains subject to shareholder approval and AIM admission.
Sunda Energy PLC (SNDA) · 2026-09-22
Sunda has announced a £5.25 million before-expenses placing and subscription at 1.5p to fund its proposed New Zealand acquisition and other activities, subject to conditions. A conditional retail offer could raise up to £0.525 million more. The issue is materially dilutive and largely requires shareholder approval.
Sunda Energy PLC (SNDA) · 2026-09-22
Sunda Energy has launched a UK retail offer to raise up to £0.525 million at 1.5p per share, alongside its separately announced £5.25 million placing and subscription. The retail shares are priced at a 45.5% discount to the 9 September reference price.
Sunda Energy Plc (SNDA) · 2026-09-10
Sunda Energy faces material uncertainty that may cast significant doubt on its ability to continue as a going concern, after its six-month loss widened to £1.99 million from £1.13 million.
Sunda Energy Plc (SNDA) · 2026-09-10
Sunda Energy intends to pursue a potential capital raising through the Capital Access Window, with trading in its 0.1 pence ordinary shares temporarily suspended from 7.30 a.m. Terms and results remain to be announced.
Sunda Energy Plc (SNDA) · 2026-07-29
Sunda Energy said CEO Dr Andy Butler has agreed to acquire the outstanding GBP400,000 face value of unsecured convertible loan notes from Alumni Capital for GBP432,000. The notes' terms will remain unchanged after transfer, and Dr Butler does not currently intend to convert them.
Sunda Energy Plc (SNDA) · 2026-06-30
Sunda said its acquisition of Matahio NZ is still awaiting approvals and is currently expected to complete during September 2026. It also set out £900,000 of equity subscription funding and CLNs up to £4,250,000.
Sunda Energy Plc (SNDA) · 2026-06-01
Sunda Energy reported a widened loss of £2.84m for FY 2025 as cash reserves fell to £0.33m. The postponement of the Chuditch-2 appraisal well was a significant operational setback, although the company has since secured new assets and financing.