Sunda Energy CEO Andy Butler on major gas opportunity in the Philippines
Sunda Energy PLC (AIM:SNDA) CEO Andy Butler talked with Proactive's Stephen Gunnion about the company’s new offshore awards in the Philippines, describing them as “world-class blocks” that significantly diversify its portfolio. Butler said the awards mark Sunda Energy’s return to a market it knows well, highlighting the Philippines’ rapidly growing energy demand and favourable investment conditions. He explained that Sunda Energy now holds three assets in the region, two of which are contiguous, and that the newly secured acreage offers “huge prospective resources” supported by existing 3D seismic data and past discoveries. The CEO said this data will help de-risk the opportunities and attract larger partners to participate in future exploration work. Butler emphasised that Sunda Energy views the risk-reward profile as attractive, with high regional success rates in similar geological settings around Borneo. He also pointed to “fabulous” fiscal terms and new government incentives in the Philippines that encourage investment in indigenous gas and deep-water projects. Turning to Sunda Energy’s flagship Chuditch project, Butler confirmed progress towards drilling in the second quarter of 2026 and said work continues on permitting, rig selection and funding. For more videos like this, visit Proactive’s YouTube channel — don’t forget to like this video, subscribe to the channel and enable notifications for future content. #SundaEnergy #OilAndGas #PhilippinesEnergy #NaturalGas #Exploration #EnergyInvestment #AndyButler #ProactiveInvestors #ChuditchProject #EnergyExploration
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