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Https://www.sciencedirect.com/science/article/pii/S2214629624000240

Re the Chuditch fast track to production and earlier links, this from April, basically states Timor Leste's main population employment, the Agriculture sector, would benefit from reliable energy services, like the electricity plan Timor Gap have, for acquisition, storage and supply of gas to provide countrywide 24/7 reliable access to electricity for all.

Chuditch drilled late this year, early next , could fast track production to do it sooner.

Goes well with Timor Gap downstream plans

https://www.timorgap.com/our-business/downstream/downstream-projects/

Https://timor-leste.gov.tl/?p=13&lang=en

Prime Minister

Lead the negotiation process on the development model of the Greater Sunrise field or other matters related to the exercise of jurisdiction in the Timor Sea

https://timor-leste.gov.tl/?cat=39&lang=en#prog3.4

Constitution of his government

3.4.2. Natural Gas

Timor-Leste has access to significant gas reserves in the Timor Sea. The availability of natural gas for electricity generation has the potential to offer a cheaper and cleaner fuel when compared to liquid fuels. Environmentally, for the same amount of electricity produced, the carbon emissions from electricity produced from natural gas are considerably lower than electricity produced from diesel.

Sunda still has the crowd, news expected this week, if nothing else , Name Change, if more, Sunda will give it some Thunder. Today 324 trades and 475m shares and growing.

Anyone local going for a bit of networking , farm out forum and a drink later today ?

https://asiapacific.ges-gb.org.uk/networking/

Appetite still here 375m, 250 trades and rising again

Two of our directors heavily involved in Seapex and GESGB

https://asiapacific.ges-gb.org.uk/

news on the Chuditch Technical and drilling conference that started last Friday

AGM name change to Sunda

Followed by JV/Finance news?

Think we are safe, Andy has plans to make Sunda a major regional gas company, with new assets and organic growth, he can best do that with a steady stream of revenues or a decent royalty on Chuditch production. If he can pull off the non equity asset level funding and retain a decent slice of Chuditch into production, happy days, then Chuditch just becomes the first in a line of such assets.

1640 UT close 0.102p, volume 1907m trades 1075 says it all, Monday and next week a blockbuster. IAWT.

Serengeti resources

Explosive and destructive comment but very true Demolition man lol

Sunda , wnwtboototw , iawt, swalk , ynwa

JV partner funding drill for a large slice of our 60%

Sector investor finance house , for the same

Bank loan like his previous Singapore loan

All non dilutive non equity plays.

Circle the wagons, even the Indians want to get some Timor , oil and gas

https://en.tatoli.tl/2024/06/06/shm-shipcare-expresses-interest-to-invest-in-several-areas-in-timor/18/

what's that now , China , Japan , Korea , Australia , Kuwait , Qatar , Brunei , Indonesia and India , all offering or wanting investment in Timor Oil and Gas, Andy said some very interesting offers being made, with that motley crew, you think he will not get the NON EQUITY funding he is looking for.

Andy and Sunda will give it some large , making us all happy, deal , fully funded , retain some equity/royalty production, revenues fund his new assets empire build, acorn into an oak the Andy plan here.

He and his team have been to many such conferences in the past , all as part of his and their SEAPEX work, now also promoting , his project, he had it before Baron did , now has it back, had no problem when he floated Sundagas , in getting a $22 million loan with a Singapore bank, to go with floatation on the Singapore exchange, then Boil stepped in a fcuk ed it all up, Andy wont. Local with billy big ones and well respected in the industry , he will have no problem doing it again if required.

Should be Gordon, starting today local developments, next Monday-Tuesday the London events and the AGM to change to Sunda Energy, Andy and Sunda will bring the market thunder.

Just hope he can keep a decent slice of the current 60% to get it, if such a Major, doubt they will want other than to be the field operator and developer, with at least as much as Timor Gap 40% , unless they plan to cash some in with us.

Non Equity funding as you well know, Andy has said it many times, in jv talks and other talks for finance.

Be great if he snagged inpex or eni, who have the valaris rig either side of us, for a cash sum and free ride on the drill.

Andy said in one of his reports , looking to firm up the deal/s in Q2 , gives him two more weeks to meet his own deadline, next week or the one after, he is expecting , just like we are.

Sunda might boil next week , only warming up and simmering nicely, big re rate coming as the news flows.