Cambay PSC Update

Synergia Energy

27/08/2025 07:00

RNS Number : 7588W

Synergia Energy Ltd

27 August 2025

 

RNS Announcement

 

27 August 2025

 

AIM: SYN

Cambay PSC Update

 

Synergia Energy Limited ("Synergia" or the "Company"), announces the following update regarding its Cambay PSC (WI: 50%), onshore India.

 

Selan Exploration Technology Limited ("Selan") have informed the Company of the following planned activities on the Cambay PSC:

 

·    The Aakash 50T work over rig will be deployed to the Cambay C-64 wellsite by mid-September to undertake the installation of the sucker rod pump.

·    Selan plan to deploy a drilling rig contracted from Kiri Oilfield Services to drill a new well on the Cambay PSC in October 2025. The cost of the new well will be carried by Selan under the work program associated with the Farm In / Farm Out agreement between Synergia and Selan.

 

 

 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR") and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

 

For and on behalf of Synergia Energy Limited

 

Roland Wessel

CEO

 

For further information, please contact:

 

Investor Enquires
Synergia Energy Ltd
Briana Stayt
Investor Relations
Email:
bstayt@synergiaenergy.com
Tel: +61 8 9485 3200
Australia
Nominated Advisor and Joint Broker
SP Angel Corporate Finance LLP
Stuart Gledhill /Richard Hail / Devik Mehta
Tel: +44 (0)20 3470 0470
UK
Joint Broker
Novum Securities
Colin Rowbury
Email:
crowbury@novumsecurities.com
Tel: +44 20 7399 9427
UK


 

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