REG - Synergia Energy Ltd - Cambay PSC Work Program Update

Synergia EnergyAnnouncement

08/07/2025 07:02

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RNS Number : 0704Q  Synergia Energy Ltd  08 July 2025

RNS Announcement

 

8 July 2025

 

AIM: SYN

Cambay PSC Work Program 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 contracted a 50-Tonne
workover rig with Aakash Exploration to undertake three workovers, commencing
with a workover on the C-64 well. The civil works on the C-64 wellsite have
been delayed by monsoon conditions but the workover operation which involves
the installation of a sucker rod pump ("SRP") is scheduled for July 2025. The
C-64 well has historically been an intermittent oil producer and the
installation of the SRP is anticipated to provide an enhanced and consistent
production level.

 

 

 

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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