30 Sep 2022 07:00
ASX-RNS Announcement
30 September 2022
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ASX: SYN / AIM: SYN
Cambay Farm Out Process Initiated
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Synergia Energy Ltd (the "Company" or "Synergia") is pleased to announce the following update with respect to its Cambay India operations.
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The Company has engaged a recognised oil and gas advisory firm to provide advisory services for the planned farm out of up to 50% of the Company's Cambay PSC. The advisory firm has extensive Indian oil and gas industry experience as well as an international reach. The identification of a partner on the Cambay PSC is key to the Company's strategy to embark on a full field development programme, which is targeted to commence in 2023.
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For and on behalf of Synergia Energy Ltd
Roland Wessel
CEO
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For further information, please contact:
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Investor Enquires Synergia Energy Ltd Roland Wessel CEO Email: synergiaenergy@synergiaenergy.com Tel: +61 8 9485 3200 Australia | AIM Broker Novum Securities Broker Colin Rowbury Email: crowbury@novumsecurities.com Tel: +44 20 7399 9427 UK | AIM Nominated Adviser Strand Hanson Limited Nominated Adviser Ritchie Balmer/Rory Murphy Tel: +44 20 7409 3494 UK | Media Enquires (UK) Vigo Consulting Investor Relations Patrick d'Ancona / Finlay Thomson Email: patrick.dancona@vigoconsulting.com finlay.thomson@vigoconsulting.com Tel:+ 44 20 7390 0230 UK |
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