Member Info for CDF1

Trust the process !

Andy and Rob would have left no stone unturned before committing to the New Zealand 🇳🇿 assets.

So wish I could take a few more million at this ridiculous share price opportunity.

DYOR and GLA

Triple / Quadruple SP incoming by September as the bounce, then it’s the boom thereafter 💥

SP is currently pushing through head winds with some turbulence thrown in too !!

Transference of New Zealand 🇳🇿 assets due to complete in September.

Oil price is likely to reach $100+ per barrel again with Trump and any Iran 🇮🇷 peace deal currently in the bin !!

Finder expecting to announce RIG hire Q3

It’s all in play and one hell of a rollercoaster 🎢 ride that’s for sure !!

Buckle up 😬

Https://oilprice.com/Latest-Energy-News/World-News/Goldman-Sachs-Sounds-Alarm-Over-Fresh-Threat-to-Global-Oil-Supplies.html

Https://www.linkedin.com/feed/update/urn:li:activity:7480765287584268289

ANP UPDATE! ‼️ JOINT PRESS RELEASE 📌

The Autoridade Nacional do Petróleo I.P (ANP) Timor-Leste is delighted to announce that we have concluded our review of the Field Development Plan (“FDP”) for the Kuda Tasi and Jahal fields, which was submitted by Finder Timor-Leste B.V. (“Finder,” the operator of PSC TL-SO-T 19-11) and its joint venture partner, TIMOR GAP PSC 11-106 Unipessoal Limitada. Upon receiving the FDP, the ANP conducted a series of reviews and meetings in order to verify its compliance with the PSC and applicable laws and regulations, and to ensure maximum benefit to the state of Timor-Leste. Accordingly, Finder has updated and resubmitted several revised versions of the FDP, with the third and latest version submitted on 24th June 2026. Hence, ANP has issued its approval to the field development plan of the KTJ accordingly.

Read the full Press Release here 👉 https://lnkd.in/gnsqqt8g

Https://www.linkedin.com/feed/update/urn:li:activity:7480773868463251456

Approval of the KTJ Project FDP ... a major milestone, a huge achievement.

Today marks a defining moment for the project with ANP approving the Field Development Plan.

This approval materially de-risks the project, clears the path to Final Investment Decision and brings us another major step closer to First Oil.

It's a tremendous achievement by the Finder, TIMOR GAP, ANP and wider project teams, who have worked tirelessly to progress KTJ from stranded discoveries to an approved offshore development in an exceptionally short timeframe. The momentum continues to First Oil.

Read the full announcement at: https://lnkd.in/gqTQsaus

#FDR #KTJProject #KudaTasi #Jahal #FirstOil #FDP #TimorLeste

Https://www.linkedin.com/feed/update/urn:li:activity:7480843299767877632

Finder Energy's Damon Neaves says #FID is in sight for his company's Kuda Tasi and Jahal project as the #TimorLeste authorities approve the field development plan.

On the home straight?

https://lnkd.in/gT2KNaVD

Https://www.upstreamonline.com/politics/trump-says-us-ceasefire-with-iran-is-over-oil-prices-rise-sharply/2-1-2014563

Trump has been very quiet since the World Cup started, doesn’t want the USA 🇺🇸 to be overshadowed whilst such an event is happening, once it’s finished all will kick off again with Iran 🇮🇷 no doubt!

Https://oilprice.com/Latest-Energy-News/World-News/Oil-and-LNG-Tankers-Make-U-Turns-After-Fresh-Hormuz-Escalation.html

Looks to me like Sunda is still supporting TL with sponsorship.

https://www.linkedin.com/feed/update/urn:li:activity:7479889474127118336

Nice balanced view bettingonbutler

Chuditch isn’t finished.

Timescale of 120 days wasn’t just plucked out of thin air, it was strategic planning.

There will be a new deal and this was/is the turning point.

Holding strong and long wins the prize !

And it is also my belief that Sunda will complete transfer of the New Zealand 🇳🇿 assets Q3-26.

A BIG couple of months coming up !

DYOR and GLA

It is my belief that options & conditions levied upon Sunda for drilling of Chuditch-2 will be accepted, fulfilled, and the drill will take place Q3-27.

DYOR and GLA

In the Philippines, the company said geoscience studies continue on Service Contracts SC 80 and SC 81 in the southern Sulu Sea, where it holds a 37.5% non-operated interest. The studies continue to provide encouragement regarding the prospectivity of the license areas, according to Sunda.

https://sundaenergy.com/projects/philippines/

Sunda is progressing with the acquisition of Matahio Energy’s New Zealand assets, which comprise four production permits and one exploration permit in the onshore Taranaki basin on the west coast of NZ’s North Island.

Overall average production from these assets for the five months to 31 May 2026 was 1036 barrels of oil equivalent per day while fully-year forecast output is 1052 boepd, up 2.3% increase on 2025.

Following signature of the sales and purchase agreement with Matahio, Sunda applied to the New Zealand government for consent to change of control of the permits and the approvals process is ongoing.

Sunda currently estimates the transaction will complete in September this year.

The company plans by early 2027 to drill an exploration well on the Puka exploration permit it is acquiring from Matahio, with a fast-track development scenario already mapped out.

The Puka permit contains the undrilled Oru prospect contains median prospective resources of 1.8 million barrels of oil and 3.9 billion cubic feet of gas, with upside prospective resources of 5.7 million barrels of oil and 12.5 Bcf of gas. Sunda earlier said the Oru well is considered low risk, with a 63% geological chance of success.

Https://www.upstreamonline.com/exploration/sunda-evaluating-options-after-threat-to-lose-gas-giant/2-1-2011691

Intended not intends !!

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Intended meaning is an adjective phrase describing the original goal or true message behind words or actions. Intends is a verb. It means to plan, aim, or purpose to do something.

2 ears & 1 mouth, the art is listening to what ppl don’t say, or maybe in this case do say!

It’s all in the wording !!

And👂👂 👄

2 ears & 1 mouth, the art is listening to what ppl don’t say!

Timor-Leste update

Further to the announcement on 19 June 2026, the Company's wholly owned subsidiary SundaGas Banda Unipessoal, Lda. ("SundaGas")

has held clarification meetings

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with Timor-Leste upstream regulator Autoridade Nacional do Petróleo and government-owned joint venture partner TIMOR GAP Chuditch Unipessoal, Lda.

concerning the next steps for

*****************************

Production Sharing Contract TL-SO-19-16 following the receipt of a letter of notice of intention to terminate.

The Company is now

evaluating its options and

**************************

considering how to proceed

****************************

with respect to the drilling of

*****************************

the planned Chuditch-2

************************

appraisal well.

***************

Further updates will be provided in due course.

DYOR and GLA

In addition to an equity subscription of £900,000, Alumni Capital Limited ("Alumni") agreed to subscribe for the CLNs in three tranches, to a maximum aggregate value of £4,250,000.

An initial tranche of CLNs for a sum of £1,250,000 were drawn down following a general meeting on 29 April 2026. To date, Alumni has converted £750,000 of this first tranche of CLNs.

The second and third tranches of the CLNs are each for an amount up to £1,500,000.

The second tranche could have been subscribed for up to 29 June 2026 and the third tranche can be subscribed for within the period commencing on 30 June 2026 and ending on the earlier of either the date of completion of the Transaction (the "Completion Date") or 7 April 2027.

Following analysis of revenues and costs to date within the Matahio NZ business, and in the context of stronger oil prices than anticipated when negotiating the Transaction, the Company has not drawn down the second tranche of CLNs. Sunda is continuing to monitor cashflows closely and evaluate the requirement to drawdown the third tranche of the CLNs, whilst being mindful of the need to be financially prudent and allow for contingencies.