News Oil & Gas

Sunda puts back Chuditch-2 spud date

Sunda Energy plc expects the spud date to defer to the second quarter of 2025 for the Chuditch-2 appraisal well offshore Timor Leste. RIG The company, which had targeted early 2025 subject to financing, continues to advance funding for the TL-SO-19-16 production sharing contract with Pacific LNG. Preparations for drilling continue with negotiations for its […]

Metals & Minerals News

Cornish Metals grants 2.5m stock options to CEO

Cornish Metals Inc has granted 2.5 million incentive stock options over common shares without par value in the company to its chief executive officer Don Turvey. The options have an exercise price of £0.085 per share over a five-year term. Cornish Metals has to date granted a total 29,450,000 options, representing 5.50% of the issued […]