REG - Synergia Energy Ltd - Cambay C-77H Workover Update

Synergia EnergyAnnouncement

26/07/2023 07:00

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RNS Number : 1805H  Synergia Energy Ltd  26 July 2023

RNS Announcement

 

26 July 2023

AIM: SYN

Cambay C-77H Workover Update

 

Synergia Energy Ltd (the "Company" or "Synergia") is pleased to provide the
following update concerning the current workover of the Cambay C-77H well.

 

Workover operations have proceeded according to expectations and commenced on
July 15(th) when the C-77H well was "killed" prior to the removal of the
production tubing. This was followed by the milling out of the bridge plug
that had isolated the original four fracked zones from the two re-frac zones
above the bridge plug. The production tubing was then re-inserted and flow
back of the kill fluid commenced. Due to the presence of an extensive column
of condensate in the wellbore, nitrogen lift was employed to assist with the
flow back.

 

The workover rig was redeployed to the C-19z well on July 24(th) for a minor
de-waxing workover.

 

The C-77H will be flowed for a period to satisfy the request of the
Directorate of Hydrocarbons ("DGH") to establish a baseline of production
without artificial lift. Over the coming weeks, the well performance will be
observed after flow rates have stabilised. Following the establishment of the
baseline of production, the workover rig will be re-deployed over the C-77H
well for the installation of the jet pump artificial lift system. The jet pump
installation is scheduled for mid-August 2023.

 

For and on behalf of Synergia Energy Limited

 

Roland Wessel

CEO

 

For further information, please contact:

 

 Investor Enquires           AIM Joint Broker                           AIM Joint Broker               AIM Nominated Adviser          Media Enquires (UK)

 Synergia Energy Ltd         Panmure Gordon (UK) Ltd                    Novum Securities               Strand Hanson Limited          Vigo Consulting

 Briana Stayt                Broker                                     Broker                         Nominated Adviser              Investor Relations

 Investor Relations          John Prior / Hugh Rich / Freddie Wooding   Colin Rowbury                  Ritchie Balmer / Rory Murphy   Patrick d'Ancona / Finlay Thomson

 Email:                      Tel: +44 (0)20 7886 2500                   Email:                         Tel: +44 20 7409 3494          Email: patrick.dancona@vigoconsulting.com

 bstayt@synergiaenergy.com   UK                                         crowbury@novumsecurities.com   UK                             finlay.thomson@vigoconsulting.com

 Tel: +61 8 9485 3200                                                   Tel: +44 20 7399 9427                                         Tel:+ 44 20 7390 0230 UK

 Australia                                                              UK

 

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