Can't believe it4 Apr 2025 23:38
Excerpt from media,
" Synergia Energy Ltd - West Perth, Australia-based oil and gas company - Updates on farm out agreement with Selan Exploration announced in February. Synergia had anticipated that the drilling of the first new well would commence in the second quarter, however, says Selan has informed that it is yet to contract a drilling rig and that the drilling operations will not commence before September. Similarly, the larger workover rig has yet to be contracted by Selan. Since the bulk of Synergia's costs in India are being carried by Selan, the company has minimized the financial impact of the delay in the commencement of the drilling program and the re-commencement of the workover program. Will continue to work closely with Selan to bring forward the drilling date as soon as is practicable in 2025 consistent with the farm out agreement.
I was lead to believe the programme spread over 3 months per well , We are way behind o on schedule , I thought this
Selan comany were more energetic than this .It appears to me looking at mid 2026 for the 3 wells completion , I just hope I see progress , some of us have been here a long time , for me ,it's now beyond retirement
I will hold as usual , at least my grandkids may benefit ,
I'm fed up now , off to bed .
Night night everyone.
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