REG - Synergia Energy Ltd - Cambay PSC Update

Synergia EnergyAnnouncement

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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           Nominated Advisor and Joint Broker             Joint Broker

 Synergia Energy Ltd         SP Angel Corporate Finance LLP                 Novum Securities

 Briana Stayt                Stuart Gledhill / Richard Hail / Devik Mehta   Colin Rowbury

 Investor Relations                                                         Email:

 Email:                      Tel: +44 (0)20 3470 0470                       crowbury@novumsecurities.com

 bstayt@synergiaenergy.com   UK                                             Tel: +44 20 7399 9427

 Tel: +61 8 9485 3200                                                       UK

 Australia

 

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