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Ssccss? You out?

Callum if Selan are saying end of Q2 then that’s end of June so they may well have organised a work over rig, however, even if it was a s late as 22nd of July then I would expect a rig on site by next week or the latest by the week after. 30 days from 22nd July.

Once the zones are shut off, we are only talking around 3 days to clear the water before we know just how much gas and condensate we could get.

Something tells me this is not far away when Synergia tweet - Following the GOI approval, there is an existing budget and work program approved by the DGH that allows the work over program to commence as soon as logistics allow.

It’s very likely that a work over rig has been placed on order weeks ago with the thought of bridging zone 1-4 which would isolate zones 5 and 6, we could know very very soon just how much gas we are getting out from those newly fracked zones with the jet pump at full capacity not needing to remove water.

Synergia's Cambay operating personnel have been transferred to Selan who are acting as Lead Joint Operator for the work programme which will mean a greatly reduced cash burn for Synergia,

I am thinking we should hear that within the next two weeks the rig is on site as time has already passed from GOI sign off. Roland previously mentioned in an interview that a rig could be readily available in the next few weeks when discussing shutting off the plugs from the old well.

Just posted https://x.com/InvestorClubb/status/1818622391221735514

Cant see it taking them long to get the well drilled.

Could look very cheap in 12 weeks.

When UKOG (Dog crap of a share) can move up 400% this week there’s every hope that synergy can also do the same when the time is right

Haven’t read through today shenanigans on the board, I would ask, do Panmure Gordon or Roland have any influence over he Nomad for #SYN? Begs the question why this didn’t rise and hold at least .15 ? GOI sign off is undoubtably a huge milestone crossed.

Managed to bag a few more at .015

Share price will be all over the place today, MM's aint giving you the best price 7 minutes in to the bell, we have all day, all week.

Zak Mir booked?

You could be right Reggie but most of the time, share do follow a four day rule, I expect a decent rise today, followed by a sell off for those who have had enough with new buyers coming in replacing them as for them it will be a new beginning awaiting flow rates on the new wells, Synergias real story has now finally started.

2.5 million dollars

3 wells drilled fully funded by Selan

3 work overs (minimum) fully funded by Selan

20 million covers the well program

I wonder if the term “minimum” regarding the work over is perhaps as Selan may cover work overs on existing wells to optimise them.

All in all we can say Synergia are now finally secure, no foreseeable placing, market makers will have to let this re-rate now, not just by the value of the funds, reserves and potential flow rates, but as a genuine on going concern with fear of bankruptcy.

Saccss

To reiterate, I do not think it will rise on sign off alone although that will be the start, I would think it will rerate on sign off, monies received, full field development plan and timescales being released to private investors - this should be within a matter of weeks/months.

Whilst appreciate we have utilised £800,000 in loans which will need to be deducted from the $2.5 million, it’s not just cash flow, it’s the significance that this company is now not dying a death whilst it is now in the hands of Selan who will fund the next three wells, pressure will be off, we are not going bankrupt .

Slow burner for the next one to 2 years is not gonna happen, this will be pumped whether we like it or not based on speculation of that first well which would be over the next 4 to 5 months.

Institutional investors will not be looking at emails being released or not, they will be looking at facts and flow rates from the first well .

Ssccss, I’m not saying this will rise of 300% on sign off alone, I personally think this will have the potential to reach around at 200% rice from the share price of 0.013 previously this week I find it odd that you state that Synergia energy looks like a joke, based on some email that may or may not have been sent and released on a chat board? How is that Synergies issue if it’s fabricated.

I also find it odd that you say that this will not attract institutional investors again, how would some potentially fabricated email posted, on the chat board influence an institutional investor? I think they would do a tiny bit more research than that to influence their decision.

Again I find it odd that you choose the longest point of time i.e. 18 months to discuss the field plan? Clearly the first well is very likely to be drilled and provide results within the first 4 to 5 months , that is a timeline that should be looked at in influencing the share price value because if the first well works it sets a precedent for the following wells over the remaining period of time.

I am therefore stating that I think we could be looking at a 200% price over several weeks based on joint venture being signed off, monies received, and field plan timescale/full information being released to private investors, I think we will see up-and-downs in the market over the following months until we see speculation rise in the next three to four months of potential well results.

It’s just my opinion, others choose to invest or not based on their own due diligence.

If 5% of foreign institutional investors are willing to invest in Selan, I do not see why Pannure Gordon would be unable to get institutional investors on board with Synergia energy if results are good from the first well.

VF, it could be any one of the foreign institutional investors that currently invest in Selan exploration, up from 3% to 5% this year.

It will be interesting to see how both investors and the market reacts once approval lands, there will be those that sell into the rise, but the MMs will likely use that time whilst holding shares to re-rate the stock increasing the value of what they hold, and undoubtedly there will be further rises and lows as news flows about wells being drilled and potential flow rates.

Some ridiculed Espen this week about the potential rise of 300%, I once held a stock at 1p which went to 11p within a matter of 5 days based on the potential of oil being found, no facts, just share market driven, if SYN, get an institutional investor interested, the share price will go through the roof.

Ssccss you take everything on here with a pinch of salt unless it can be back up with evidence to links etc, for example some were even suggesting a placing might be on the cards last night but that clearly isn't the case when we have been able to secure funding at commercial rates from existing investors which will likely see us through the next 3 months well after we receive the 2.5 million dollars from Selan.

12 mins in, Hardeep Singh Puri and the DGH burning the midnight oil to increase gas exploration and production from 10% to 16% in the sedimentary areas (Cambay basin) by the end of 2024.

GOI JV sign off inbound in my opinion this week.