Sunda Energy — Operations Update

(LSE:SNDA) Sunda Energy provided an operations update covering its Matahio NZ assets, offshore exploration, and PSC interests. Matahio NZ assets averaged 1,059 boepd in the nine months to September 2026, compared to 1,028 boepd in 2025. The Matahio NZ acquisition is effective from 1 January 2026 but remains subject to government change-of-control consent. The Awakino offshore exploration permit application is exclusive to Sunda Energy, with the award expected in late Q1 or early Q2 2027. The TL-SO-19-16 Production Sharing Contract (PSC) expiry is now confirmed as 16 October 2027, following a 12-month extension. Sunda Energy is targeting completion of the TIMOR GAP farm-in, operatorship transfer, and ANP approvals by the end of 2026. An optional Hakuryu-5 rig slot has been earmarked for the Chuditch-2 well. The company expects to receive the first fast-track Philippines 3D seismic reprocessing products in Q1 2027. The update confirms ongoing regulatory processes and operational planning across multiple assets. The company continues to progress its offshore exploration and production activities. The timeline for key regulatory approvals and project milestones has been outlined. The Matahio NZ asset performance and acquisition status are highlighted as central to the company's near-term operations. The extension of the TL-SO-19-16 PSC provides additional time for project execution. The Awakino permit and Chuditch-2 drilling preparations are advancing in line with stated schedules. Sunda Energy is actively managing its portfolio in the Philippines and other regions. The company is coordinating with government agencies for necessary consents and approvals. The update provides specific production, timing, and regulatory details for investors.