Sunda Energy plc has raised £525,000 through an oversubscribed retail offer of 35 million shares to advance its oil and gas interests in the Asia-Pacific.
Tag: offshore Philippines
Sunda raises £5m to complete New Zealand acquisition
The £5.03 million raised completes payment of its oil and gas acquisition onshore New Zealand.
Sunda issues 11.7 million new shares
Sunda Energy plc will issue 11,763,447 new ordinary shares of 0.1 pence each, following notice from Alumni Capital Ltd to convert £100,000 of the outstanding drawn-down principal amount of its loan notes, plus a £10,000 finance charge. TVRs The company has additionally granted to Alumni a total of 6,786,604 CLN warrants entitling the holder to […]
Sunda wins joint bid for Philippine blocks
Sunda Energy plc has been awarded non-operated interests in two petroleum service contracts for licence areas, offshore the Philippines. HIGH IMPACT The company bid in a group with operator Triangle Energy (Global) Ltd, PXP Energy Corporation and The Philodrill Corporation. Sunda holds a 37.5% interest in the two blocks located in the southwest of the […]
