Member Info for filthylucre

Timor-Leste’s Offshore Future: Unlocking Chuditch and Gas Development Opportunities

Key discussion points:

- Progress and milestones on the Chuditch project.

- Technical and commercial advantages of the field.

- Investment opportunities in Timor-Leste’s upstream sector.

- Infrastructure needs to accelerate development.

- Knowledge transfer, capacity building, and local participation.

- Sunda Energy’s role in supporting Timor-Leste’s long-term energy security.

https://www.linkedin.com/posts/the-energy-circle_join-our-live-webinar-timor-lestes-activity-7370745117990699008-7t_h?utm_source=share&utm_medium=member_ios&rcm=ACoAABH65KoBJzcC1pLX5i3mwzbCvbjspz8sRBc

Google AI

For the Sunda Energy (Sunda Gas) "SSAEOC 2025," the acronym likely refers to Southeast Asia Energy Opportunities Conference 2025, as Sunda Energy is focused on Southeast Asian gas projects and presented their 2025 interim results at the conference. The company highlighted its ongoing work in Timor-Leste at the event, including preparing for the Chuditch PSC drilling, addressing logistical issues, and seeking regulatory approval for an Environmental Permit

Autoridade Nacional do Petróleo - Timor-Leste (ANP) and the Timor-Leste Australia Energy Partnership (TLAEP) are proudly representing Timor-Leste's dynamic energy sector at the SEAAOC 2025 event held at the Darwin Convention Centre, Australia, from September 3-4, 2025. Join us on September 3-4, 2025, to explore investment opportunities in Timor-Leste's oil and gas sector. We aim to share expertise, build industry connections, and strengthen trade ties with Australia.

https://www.facebook.com/share/v/19zjE4LXMe/?mibextid=wwXIfr

No need to apologise. Without doubt looking at best case scenarios for a way back from a disastrous first attempt to drill Chuditch. Lessons learned hopefully and relationship with Timor Gap restored. This is not however a failed drill. It hasn’t happened yet and they’re going again. So I think it’s possible to come back stronger. BTW, the interview was perfectly fine. He’s not raising expectations like before. Can’t criticise Timor Gap, was a little faltering but I picked up good vibes on rig hire, GS development, Chuditch processing and other stuff. We all want clear and unambiguous wins. It might be closer than we think.

Totally agree. Nothing happens without funds. Andy Butler might have better options this time around. A lot depends on a Greater Sunrise deal and that is hard to predict.

If we park the horrendous share price for one moment, it could be argued we are in a better position than one, two years ago. Efforts underway to develop Natabora for LNG processing with a pipeline from Chuditch via Bayu Undan. Greater Sunrise talks advanced and nearing conclusion. New Philippines blocks imminent. More applications made. Funding this time without a loan structure hopefully. Chuditch still to be drilled with everything that brings. Plenty yet to come.

Funding was mentioned.

Following postponement of Chuditch-2 and continuing subsequent to the reporting period, SundaGas is in dialogue with TIMOR GAP concerning operational and funding plans for Chuditch-2. Discussions are constructive and positive, and the Company looks forward to providing further information in due course.

The coming weeks and months, I would imagine. That’s what it says.

A very positive and encouraging update. Looking forward to some real progress to stimulate the share price. A turnaround is always possible with Chuditch2 on the horizon once more.

🌏 Where Presidents, Ministers & Investors meet

The 5th Timor-Leste Energy, Mining & Business Forum (24–26 November, Dili) is back for a landmark edition – bringing together:

▪️ 300+ senior leaders

▪️ 20+ international delegations

▪️ 50+ high-level speakers

What awaits you in Dili:

▪️ Opening Ceremony with H.E. José Ramos-Horta (President) & H.E. Kay Rala Xanana Gusmão (Prime Minister)

▪️ ASEAN Ministerial Forum on energy & investment policies

▪️ Launch of Timor-Leste’s 2nd Licensing Round + new mining tenders

▪️ Energy Investment Forum with Santos Ltd, Sunda Energy Plc, TIMOR GAP, E.P.

▪️ 180+ curated 1:1 meetings with authorities, financiers & project leaders

https://www.linkedin.com/posts/the-energy-circle_energy-mining-investment-activity-7363660470290989056-0JVv?utm_source=share&utm_medium=member_ios&rcm=ACoAABH65KoBJzcC1pLX5i3mwzbCvbjspz8sRBc

No problem CDF. The money raised by TEG is significant but the amount of money is way lower than that mentioned on here. Not sure if it’s a misprint on the pdf. However we didn’t raise and we benefit. So, good news and the sellers were largely absent today. Hopefully a positive sign.

How much is targeted at the Philippines is unknown but it’s available.

“Consideration for a 24-month corporate advisory mandate with Powerhouse Advisory Australia P/L to provide strategic and M&A advice and corporate access services, assisting with strategic growth and advancing potential new venture assets in the Philippines”

Triangle’s last two wells have failed but they continue on with money in the bank and they are very excited about the Sulu sea basins.

Try this one.

https://teg.live.irmau.com/pdf/0d8f9748-fb3b-4ba3-9964-e4cf7816af14/Application-for-quotation-of-securities-TEG.pdf?Platform=ListPage

One wonders if this deserves a mention by Sunda on their platforms. A lot of money invested in a project they share with Triangle. Moving ahead of the formal announcement and with real gusto from Triangle.

This is a significant investment which will benefit Sunda Energy and possibly involve further activity in the Philippines.

Could this be the reason we are seeing a rise today? Triangle Energy have just issued 100 million new shares (300 million Aus dollars) to pay for the services of an advisory company on the Philippines licences. Triangle will take the lead on the consortium Sulu Sea project.

A two year corporate advisory service with Powerhouse Advisory Australia to provide strategic and M&A advice and advising with the finalisation and advancement of potential new venture assets in the Philippines

https://hotcopper.com.au/threads/ann-proposed-issue-of-securities-teg.8716915/?direction=previous

Tender for the project Tasi-Mane is already in the technical evaluation phase. 19th August.

Petroleum and Mineral Resources, Francisco da Costa Monteiro, informed the progress of the international public tender for the Tasi-Mane project is currently in the technical evaluation phase. "The Tasi-Mane project, for the Suai Supply Base, is in the final phase now in the technical evaluation phase to open commercial, and for the highway in the phase to open technical proposal, which we all accompany these processes," Minister Monteiro, said in Farol, Tuesday. According to provisional data, about 200 companies have submitted their technical proposals to assessment. Minister said, inter-ministerial team continues to collect data for the community affected. "I believe that before the end of this year the data collection will be completed, so we can sign the contract and start making payments at the beginning of next year. so in the future there will be no problems with land," he added. Implementation of mega highway project will enable efforts to bring oil resources from offshore and onshore areas to process in Natarbora in the future, through highway connectivity between Suai Supply Base to Natarbora oil industry zone and infrastructure conditions such as Suai airport, highway as a basis for national efforts to achieve rural development Greater Sunrise.

https://www.facebook.com/share/15WvHYP1jA/?mibextid=wwXIfr

The co-management of the petroleum contracts between BARMM and the national government seems to be holding up the award of the contracts. That now appears to have been resolved.

11TH INTERGOVERNMENTAL ENERGY BOARD MEETING STRENGTHENS PARTNERSHIP FOR BARMM’S ENERGY SECTOR MAKATI CITY — The National Government and the Bangsamoro Government reaffirmed their commitment to strengthening collaboration on energy development at the 11th Intergovernmental Energy Board (IEB) Meeting on August 14 in Makati City. Key highlights of the meeting included the presentation of landmark policy instruments, an IEB Resolution from the UCERD TWG for the co-management of Petroleum and Coal Operating Contracts, the Transition Agreement under the PE TWG for the devolution of DOE’s EPIMB functions to MENRE, and the Memorandum of Cooperation on Energy Efficiency and Conservation. While subject to further review, these measures represent substantial progress in institutionalizing NG–BARMM cooperation.

https://www.facebook.com/share/p/16ofbJp1Cv/?mibextid=wwXIfr

The Sunrise development comprises the Sunrise and Troubadour gas and condensate fields, located approximately 450 km north-west of Darwin and 150 km south of Timor-Leste. Woodside continues to work with the Timor-Leste and Australian Governments and the Sunrise Joint Venture participants to assess and address technical and commercial considerations to help enable the desired commercialisation of the fields. Woodside conducted a visit to Timor-Leste's south coast as a potential location for processing Sunrise gas. The visit included a review of the Timor-Leste Government's proposed site at Natarbora for a range of facilities, including an LNG plant, and a proposed site at Suai for a supply base. Woodside is operator and holds a 33.44% participating interest.

Announcing Woodside Energy as Platinum Sponsor of the 5th Timor-Leste Energy, Mining & Business Forum 2025

We are proud to welcome Woodside Energy, one of the world’s leading independent LNG producers and the operator of the Greater Sunrise Joint Venture, as Platinum Sponsor of the 5th Timor-Leste Energy, Mining & Business Forum, taking place 24–26 November 2025 in Dili. As operator of Greater Sunrise, Woodside is working closely with Timor-Leste and its JV partners to unlock one of the region’s most strategic gas developments. In 2025, both the Government of Timor-Leste and Woodside reaffirmed their commitment to advancing a development concept that brings gas processing to Timor-Leste, ensuring long-term energy security, economic growth, and local capacity building.

https://www.linkedin.com/posts/the-energy-circle_timorleste-woodsideenergy-greatersunrise-activity-7363261319879229440-yftW?utm_source=share&utm_medium=member_ios&rcm=ACoAABH65KoBJzcC1pLX5i3mwzbCvbjspz8sRBc