Sunda Energy, Finder Sign LoI to Jointly Secure Timor-Leste Rig

Sunda Energy, Finder sign LoI to jointly secure Timor-Leste rig

Sunda Energy and Finder Energy, through their respective subsidiaries, have signed a non-binding LoI to jointly secure a drilling rig for their separate offshore projects in Timor-Leste.

SundaGas, Finder Energy working on rig share for offshore Timor-Leste wells

Despite the varying water depths in the well locations, the two companies are intent on bringing in a semisubmersible rig, with operations potentially starting in 2027.

Sunda Energy, Finder to collaborate on semisub rig procurement offshore Timor-Leste

SundaGas signed a letter of intent with Finderto jointly secure a drilling rig for separate drilling campaigns offshore Timor-Leste. SundaGas operates the TL-SO-19-16 Production Sharing Contract, which contains the Chuditch gas field, where it plans to drill the Chuditch-2 appraisal well. Finder operates the Kuda Tasi and Jahal fields offshore Timor-Leste and plans to drill … The post Sunda Energy, Finder to collaborate on semisub rig procuremen…