Baron Oil plc (LON:BOIL) CEO Dr. Andy Butler joins DirectorsTalk Interviews to the company an operational update.
In this interview, Dr Andy Butler, provides a comprehensive update on the company’s recent developments and future plans, just as it proposes to change its name to Sunda Energy. The interview looks into the strategic reasons behind the rebranding, emphasising the company’s shift in focus to Southeast Asia and its promising gas-based projects. Dr Butler elaborates on the progress of the Chuditch project in Timor-Leste, detailing the preparations for the upcoming Chuditch-2 appraisal well, and explains the logistical and market factors influencing the project timeline. Additionally, he sheds light on ongoing discussions with potential partners to secure funding for drilling operations, and hints at future expansion opportunities in the gas sector within the region. This interview not only highlights the company’s strategic pivot but also underscores the promising prospects ahead, making it a must-watch for investors keen on the evolving energy sector.
Baron Oil Plc is an independent oil and gas exploration and production company with activities that are concentrated around low to medium risk exploration prospects in areas that can be quickly and relatively cheaply developed and monetised.