REG - Synergia Energy Ltd - Cambay PSC Update

Synergia EnergyAnnouncement

04/11/2025 09:45

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RNS Number : 1059G  Synergia Energy Ltd  04 November 2025

RNS Announcement

 

04 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:

 

The work over of the Cambay C-64 well has been completed and the sucker rod
pump ("SRP") is operational. The well is still cleaning up with the brine
"kill fluid" being removed. The clean up will last a few days before the
 production potential of the well can be assessed.

 

The Aakash XIV 50T work over rig has been mobilized to the C-72 well location
and is rigged up and commencing the work over operation. The program for this
well is to clean up the well and install an SRP.

 

Following the C-72 work over, the Aakash XIV 50T rig will be mobilized to the
C-74 well location to conduct a similar work over program which will complete
the three well work over campaign.

 

Drilling Operations:

 

The Kiri drilling rig has been mobilised to the new C-78 drilling pad (close
to the C-54 well location) and the drilling of the new C-78 well has commenced
as of 4 November 2025.

 

 

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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