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Cambay PSC Work Program Update

8 Jul 2025 07:01

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

Synergia Energy Ltd

Briana Stayt

Investor Relations

Email: 

bstayt@synergiaenergy.com

Tel: +61 8 9485 3200

Australia

Nominated Advisor and Joint Broker

SP Angel Corporate Finance LLP

Stuart Gledhill / Richard Hail / Devik Mehta

 

Tel: +44 (0)20 3470 0470

UK

Joint Broker

Novum Securities

Colin Rowbury

Email: 

crowbury@novumsecurities.com

Tel: +44 20 7399 9427

UK

 

 

 

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UPDEAPXXEADSEFA
Date   Source Headline
27th May 20267:00 amRNSCambay PSC Update
12th May 20267:00 amRNSAppointment of Non-Executive Director
5th May 20267:00 amRNSCambay PSC and Board Changes
7th Apr 20267:00 amRNS$0.7m loan agreement
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6th Mar 20267:00 amRNSCambay PSC Production Update
9th Feb 20261:29 pmRNSCambay PSC Sale Agreement Update
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1st Dec 202511:15 amRNSProposed Sale, cancellation of admission, & GM
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7th Oct 20257:00 amRNSAudited Annual Report for Year Ended 30 June 2025
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21st Jul 202510:15 amRNSTR-1 Standard form notification of major holdings
8th Jul 20257:01 amRNSCambay PSC Work Program Update
8th Jul 20257:00 amRNSCorrection - Proposed Sale of Cambay PSC
4th Jul 202511:32 amRNSProposed Sale of Cambay PSC to Selan Exploration
24th Jun 202510:08 amRNSTR-1: Standard form notification of major holdings
10th Jun 20257:00 amRNSChange of Nominated Advisor
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24th Feb 20257:00 amRNS£750,000 Fundraise
10th Feb 20257:00 amRNSOperations Update
4th Feb 20257:00 amRNSAppointment of Executive Director
10th Jan 20257:00 amRNSChange of Joint Broker
19th Dec 20247:00 amRNSCambay Workover Update
5th Dec 20249:45 amRNSHolding(s) in Company
28th Nov 20244:00 pmRNSMedway Hub Camelot CCS Project Update
22nd Nov 20241:01 pmRNSResults of Annual General Meeting
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30th Oct 20241:00 pmRNSIssue of Options
24th Oct 20247:00 amRNSAGM - Notice of Meeting
23rd Oct 202410:37 amRNSChange of Directors
14th Oct 20247:00 amRNSCambay Work Program Update

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