Sunda Energy PLC SNDA

Sunda Energy PLC (AIM:SNDA, FRA:GHA0) has raised £5.25 million to fund completion of its New Zealand acquisition. It's also launching a retail offer for a further £525,000. Meridian Mining Plc (LSE:MNO, TSX:MNO, OTCQX:MRRDF) has delivered a net present value of $2.09 billion for its Cabaçal project in Brazil. The CEO says the economics could make it the next major near-term gold-copper mine. Quantum Helium Ltd (AIM:QHE) is targeting Q4 2026 for a larger fracture stimulation programme at Sagebrush-1 in Colorado. It's also taking a 9% stake in Herencia Resources. Light Science Technologies Holdi

Sunda Energy PLC (AIM:SNDA, FRA:GHA0) expects its New Zealand acquisition to complete around late September or early October. The producing assets averaged over 1,000 barrels of oil equivalent a day in H1, and it's also opened a capital access window in London while exploring funding options. Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) has signed a deal for a 5% stake in Angola's Block KON-16, paying $2.5 million for the interest. Partners are now working towards a pre-salt exploration well in 2027. Ilika PLC (AIM:IKA, OTCQX:ILIKF, FRA:I8A) has completed a grant-backed progr

Diversified Energy Company PLC (LSE:DEC, NYSE:DEC, FRA:DG20) has agreed its biggest-ever deal, paying $1.8 billion for Permian Basin producer Birch. It should boost production by around 35%. Galliford Try Holdings PLC (LSE:GFRD, FRA:3WC) has landed a £110 million contract to improve water quality in the River Mease. It'll build a 23-kilometre pipeline for Severn Trent. Sunda Energy PLC (AIM:SNDA, FRA:GHA0) has seen a big upgrade at its Halcon prospect offshore the Philippines, now assigned 8 trillion cubic feet of gas resources. That gives Sunda a 3 Tcf net share. Rockfire Resources PLC (LSE:R

The permit area covers the Awakino gas condensate field, drilled in 1985, and additional identified exploration targets.

ACG Metals Ltd (LSE:ACG, OTC:ACGAF) beat its full-year oxide production target in just six months, helped by a 64% jump in its realised gold price to $4,838 an ounce. First copper and zinc concentrate production is now expected in August. Rockfire Resources (LSE:ROCK) has returned more strong zinc and silver grades at its Molaoi project in Greece, with preliminary readings showing zinc values as high as 37.7%. The company is fast-tracking feasibility studies and applying for permits to reopen the underground workings. Sunda Energy (AIM:SNDA) has applied for a permit to explore an offshore area

Metals One (AIM:MET1) is consolidating its South African gold strategy, with a deal that would lift its stake in Lions Bay Capital to 54.3%. The transaction implies a 237% unrealised gain on its investments so far. EnergyPathways (AIM:EPP) says the next twelve months are critical for its MESH energy storage project, with a value prize running into the billions. The company's targeting a final investment decision and commercial operation by 2031. Zephyr Energy (AIM:ZPHR) is pushing its Paradox Basin project towards first commercial production after strong drilling results in Utah. Revenue fell

Sunda Energy (AIM:SNDA) CEO Andy Butler joined Proactive's Stephen Gunnion to discuss the latest update on the Chuditch Production Sharing Contract in Timor-Leste and what it means for the company's development plans. Butler explained that after the current PSC phase expired, Sunda had sought an extension to move into drilling, but received a termination notice instead, creating uncertainty around the project. He outlined what prevented drilling last year, with logistical and local content issues ultimately raising health and safety concerns. "We were ready to do it last year, and it was out o

Sunda Energy PLC earlier this week reported its annual results while outlining a strategy focused on gas exploration growth, project advancement in Timor-Leste and a transformational acquisition in New Zealand that is expected to establish the company as a revenue-generating producer. Speaking with Proactive, chief executive Andy Butler said 2025 had been a year of rebuilding following the postponement of a key appraisal well in Timor-Leste. He explained that the company subsequently diversified its portfolio through new exploration opportunities in the Philippines and the acquisition of produ

Sunda Energy PLC (AIM:SNDA) CEO Andy Butler tells Proactive's Stephen Gunnion that the Philippines represents one of the company's most exciting growth opportunities, with over 10 trillion cubic feet of prospective gas estimated in the Sulu Sea. Butler is direct about the appeal: the fiscal terms and returns on successful investments in the region are among "possibly the best in the world," and growing energy demand across Southeast Asia is drawing increasing interest from major players. Over the next 12 months, Sunda plans to reprocess existing seismic data using modern technology and advance

Sunda Energy PLC (AIM:SNDA) CEO Andy Butler tells Proactive's Stephen Gunnion that its Chuditch gas project in Timor-Leste is no small opportunity — the field holds an estimated 1.2 trillion cubic feet of gas, equivalent to around 200 million barrels of oil, with the potential to generate billions in revenues. "For us as a junior oil and gas company, it is an extraordinarily large resource," Butler says, adding that the project has "fantastic potential for value realisation as you take it forward." Environmental approvals are already in place, and Sunda is collaborating with Finder Energy to s

hVIVO PLC (AIM:HVO) has signed a deal with Traws Pharma to run an influenza human challenge trial in London. The contract coincides with a rebrand, bringing all its services under one roof. Connecting Excellence Group PLC (AQSE:XCE, OTCQB:XCELF) has been paid in Bitcoin for recruitment services, a first for a UK-listed recruiter. The payment of 0.516 BTC takes its total treasury holdings to just under 53 Bitcoin. ACG Metals Ltd (LSE:ACG, OTC:ACGAF) posted adjusted EBITDA of $76.3 million for 2025, with its Gediktepe mine in Turkey delivering strong margins. A transition to copper and zinc conc

Sunda Energy PLC (AIM:SNDA) has made a transformational acquisition in New Zealand, giving it immediate production of over 1,000 barrels a day. The deal adds a third pillar to its portfolio alongside assets in Timor-Leste and the Philippines. Gelion PLC (AIM:GELN, OTC:GELNF, FRA:X0S) has expanded its partnership with TDK Corporation, successfully moving its battery cathode technology into a pouch cell format. TDK dominates the drone battery market, and prototype results are expected soon. Coiled Therapeutics (AIM:COIL) has reported a jump in clinical benefit rate from 40% to 80% for its cancer

Sunda Energy PLC (AIM:SNDA) CEO Andy Butler talked with Proactive's Stephen Gunnion about the company’s latest strategic developments, including a transformational acquisition in New Zealand, progress across its international portfolio, and a strengthened funding position. Butler outlined how the acquisition marks a major step forward, positioning Sunda Energy as a production-focused company with significant growth potential. He said the deal “takes us to a different level,” highlighting that it introduces immediate production of over 1,000 barrels alongside opportunities to expand through dev

Sunda Energy (AIM:SNDA) is making a big move, acquiring New Zealand oil producer Matahio Energy and raising up to £6.7 million to fund it. The Taranaki Basin assets produce over a thousand barrels a day, with serious growth potential. Union Jack Oil (AIM:UJO, OTCQB:UJOGF, FRA:1UJ0) is about to spud its Crossroads well in Oklahoma around 16 April. The company already has its share of the drilling costs covered, targeting 1.67 million barrels across the structure. Coiled Therapeutics (AIM:COIL) has some impressive trial data out today on its cancer drug AO-252. Doubling the dose to twice daily p

It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it...

Helium One Global (AIM:HE1, OTCQB:HLOGF, FRA:9K3) has raised £3.5 million to keep its Colorado helium project moving, with first sales now in sight. Six wells are tied in, and the plant has switched to round-the-clock operations. HeLIX Exploration (AIM:HEX, OTCQB:HHEXF) highlighted first production at its Rudyard project in Montana in its annual results, saying the timing couldn't be better. Iran's effective closure of the Strait of Hormuz has knocked out roughly a third of global helium supply. Ecora Royalties (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF, FRA:HGR) hit a milestone in 2025, with copper

Great Southern Copper PLC (LSE:GSCU, FRA:E9E) has hit big in Chile. A step-out hole returned up to 6.55% copper and 320 grams per tonne silver. The results suggest the Mostaza Fault Zone is bigger than first thought, and more drilling is planned south. Sunda Energy PLC (AIM:SNDA) has cleared a key environmental hurdle for its Chuditch-2 well offshore Timor-Leste. The licence runs to 2028, letting the team move ahead with drilling. Faron Pharmaceuticals Limited (AIM:FARN) is raising €40 million to fund a trial of its blood cancer drug bexmarilimab. The money will cover a 90-patient study and ex

Zanaga Iron Ore Co Ltd (AIM:ZIOC, OTC:ZIOC) has signed a binding term sheet with Red Arc Minerals worth up to $25 million. The cash funds engineering work at the Zanaga project in the Republic of Congo, and could lead to a final investment decision, without diluting shareholders. Sunda Energy PLC (AIM:SNDA) has lined up up to £1.5 million in unsecured funding from its chief executive. It’s pushing ahead with a potential acquisition while still working to get its Timor-Leste gas project back on track. AFC Energy PLC (AIM:AFC, OTC:AFGYF, FRA:QC8) has signed a joint development deal with Komatsu