Cambay PSC Update

Synergia Energy

17/11/2025 09:30

RNS Number : 7958H

Synergia Energy Ltd

17 November 2025

 

RNS Announcement

 

17 November 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.

 

Workover Operations:

 

Following the recent work over, the Cambay C-64 well has been producing at an average of 30 bopd over the last 5 days.

 

The C-72 well is still being cleared of brine "kill" fluid and stable production levels have yet to be achieved.

 

The work over of the C-74 well has been completed with a sucker rod pump ("SRP") having been installed and the well is being prepared to be placed on production.

 

The Aakash work over rig has been mobilized to the C-19z well to attempt a well clean up operation.

 

Drilling Operations:

 

The C-78 well has reached Total Depth at 1827 meters in the 8.5 inch hole section having intersected target OSII formation at a depth of 1745 meters. The well is currently being logged.

 

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.

 

The technical information contained in the above disclosure has been prepared by or under the supervision of Mr Roland Wessel (BSc (Hons) Geology), CEO and Executive Director employed by Synergia Energy Ltd. Mr Wessel has over 45 years' experience in the oil and gas industry. Mr Wessel meets the requirements of and acts as the Qualified Person under the Alternative Investment Market Rules - AIM Note for Mining and Oil & Gas Companies, and consents to the inclusion of this information in this announcement in the form and context in which it appears.

 

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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