REG - Synergia Energy Ltd - Cambay PSC Update

Synergia EnergyAnnouncement

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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           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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