Member Info for Espenviking

Further to its announcement of the execution of a farm-out agreement with Selan Exploration Technology Limited ("Selan") regarding the Company's Cambay Field Production Sharing Contract ("Cambay PSC") on 14 February 2024, and further to the announcement of the approval by the Government of India ("GOI") for the transfer of a 50% interest in the Cambay PSC to Selan effective 19 July 2024, Synergia Energy Ltd ("Synergia" or the "Company") announces the closing of the Selan farm-out agreement effective today.

The closing of the farm-out agreement initiates the 18-month work programme period

G, per my take, I believe in the Aug 1 Rns it was clearly mentioned that the 18-month started then. Hopefully upon a second read you come to same understanding. If not, happy to hear your take. Cheers

Absolutely sprint - onwards and upwards

Indeed, not the most upbeat week have to say. The underlying assets haven’t changed but share the frustration of the delays. Let’s hope this means Selan is wanting to ensure they do it the proper way.. as they say “proper planning is half the job done” - of which I’m a firm believer

Behave sausage - lol

Absolutely, let’s not forgot proper manners. A good weekend to you kalter

Https://www.voxmarkets.co.uk/rns/announcement/e53036a6-fbfe-4f67-801b-380a8fedf56e/

just need a little bit patience ****nal, future is bright imho

Https://pemedianetwork.com/carbon-economist/articles/ccus/2024/india-sets-sights-on-breakthrough-carbon-capture-framework/

Must admit, sitting rather comfortably indeed harrison. Onwards and upwards

Had a nosey on LinkedIn. Nice to see company is active in industry forums etc. here is one of the articles I located where Roland attended

https://www.linkedin.com/posts/associationofinternationalenergynegotiators_energy-energyindustry-ccus-activity-7179574138401927168-IHxg?utm_source=share&utm_medium=member_ios

A lot of M&A players active in the sector:

https://globalventuring.com/corporate/industrial/the-big-deal-carbon-engineering/

Probably should mention that ccs here is more related carbon capture sequestration rather carbon capture and storage. It’s spelled out in article mind you.

Let’s indeed hope ccs farm-out indeed will bring in a few pennies. Some sizeable acquisitions taking place in the sector for sure

https://www.talosenergy.com/investor-relations/news/news-details/2024/Talos-Energy-Announces-Divestiture-of-Talos-Low-Carbon-Solutions-Subsidiary-to-TotalEnergies/default.aspx

Https://www.offshore-energy.biz/wintershall-dea-enters-second-uk-carbon-capture-and-storage-project/

G, lol agree.

Looking at below article, which Callum previously referred to (in terms of timelines), it seems to say that in this case it (the farm-out process) went rather swiftly. Must admit I haven’t digged into it any further than what’s said in the article.

Then again, who is to say this will be the case for Syn.

Onwards and upwards.

Hopefully it won’t be too long until we find out what it’s considered to be worth. It’s already a good couple of months since the farm-out process was initiated.

CS, I believe you missed out our ccs license.

There we go, indeed full steam ahead. Getting on with revenue creation where they can, working items requiring approval alongside. No messing about!

Same here ss , I’m purely a shareholder. Equally keen to see sp go up, but not needing that to be immediate. Fully aware things do take time sometimes. Patience will hopefully be rewarded. Onwards and upwards