Sunda Energy, the AIM-quoted exploration and appraisal company focused on oil and gas assets in the Asia-Pacific region, confirms that, further to the announcement on 8 April 2026 of the conditional acquisition of Matahio Energy NZ Limited and its subsidiary companies that own and operate 100% of a group of production and exploration permits in New Zealand, the Company has paid the initial deposit to the seller, Matahio Ventures Pte. Limited, in the amount of US$1.5 million.
Sunda further announces that the Company has submitted to the New Zealand government authorities the application for consent for the change of control of the operating companies of the production and exploration permits, in line with the requirements set out in the Crown Minerals Act of New Zealand.
KeyFacts Energy: Acquisitions & Mergers news
KEYFACT Energy