Member Info for Kerosene75

7% up on Google

Hopefully there is more news in the coming weeks to support today's developments. There does seem to be a bit of momentum behind Sunda Energy since the rns on Feb 10.

Hard to argue against that Bob

They are dragging their heels, but they can't drag them forever.

Anp have 3 more weeks to issue the permits, assuming that they are going to. Im not really sure what you expect to hear from Sunda Energy in the meantime. Its frustrating waiting but not unexpected.

The last rns more or less said it will be 6 weeks at most for a decision from Anp. Obviously we are all hoping for a response sooner rather than later, but given ANP's recent history it was more likely to be later.

3 weeks to go, hopefully funding and rig hire issues won't be far behind as was indicated in the Oct 15 rns last year.

There's not really much he can say on Chuditch until Anp give permit approval. Just a waiting game, 3.5 weeks at most.

I thought the schedule was crystal clear, more or less 6 weeks for Anp to make their final decision. We should hear by the last week of March, ( hopefully sooner). In the meantime, oiltdr believes there could be even more significant news on the acquisition front, so im more than content to sit tight for now.

There's a few bridges to cross yet, but definitely in a better position than we were at the beginning of the month. The next 4 weeks could be pivotal.

Only 4 weeks max until anp make their decision on environmental permits for Chuditch-2 known. Im happy enough to wait for that. Im fairly confident now that funding and rig hire are agreed pending permit approval.

Anything that happens in the next few months regarding the Phillipines is a welcome bonus.

ANP haven't been in a hurry to get things moving in the recent past, so I welcome this schedule. Worst case scenario we hear just before Easter, best case scenario, next week hopefully. If I was to place a bet, id wager it will be closer to Easter we hear about the drill than next week.

I've been critical of AB, particularly around missed deadlines, but his actions this week have been decisive, brave and very encouraging.

There is a welcome boost in sp, a definitive timeframe for a response from ANP on their permit decision as well as encouraging comments on Phillipines and other possible new projects.

Nothing is over the line yet, but the sentiment and mood of shareholders in general has hugely improved.

ANP have approximately a month to make a call on the environmental permit approval. After that news on rig hire and finance arrangements likely to be announced together.

Somebody on the telegram group mentioned something similar last week, about being able to sell at a higher price than they anticipated.

How much longer can Sunda hold out before they tell the market if they are in a position to drill in q2 of this year or not?

Hopefully it's Andy Butler, we've been waiting to hear from him since the end of q4.

Thankyou.

Any updates for us. If the psc expires what are the consequences for Sunda Energy? Have they any safety blanket or could someone like Petronas replace us.

Todays meeting was to do with the Timor-Leste military, nothing specifically to do with us unfortunately.

I do think if there is positive news the sp will rise rapidly. There hasn't been a huge amount of buying at these low levels.