TRADING UPDATES: Welnex sales drop, plans medicinal cannabis exit
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Synergia Energy Ltd - Perth-based oil and gas mining company - Reports net post-tax profit of AUD5.0 million for the year ended June 30, against the prior year's AUD2.8 million loss, due to an AUD8.4 million gain on the farm-out of the Cambay Basin oil field in India. Synergia and Selan Exploration Technology Ltd, now named Antelopus Selan Energy Ltd, executed a farm-out agreement to set up a joint venture at Cambay in February, 2024, and in July this year Synergia executed heads of terms to sell its 50% stake in Cambay to Selan for USD14 million in total. It received the initial payment in August. Full-year revenue from gas and oil sales totals AUD292,179, down from AUD638,457, which Synergia said reflects its reduced production share following the Cambay farm-out. Net assets total AUD19.0 million as of June 30, up from AUD10.0 million one year prior. Read More
(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Synergia Energy Ltd - Perth-based oil and gas mining company - Says the Aakash 50T work over rig is due to be deployed to the Cambay C-64 wellsite by mid-September, to install the sucker rod pump at the joint venture site. Partner Selan Exploration Technology Ltd will also deploy a drilling rig contracted from Kiri Oilfield Services to drill a new well on the Cambay production sharing contract in October. The cost of the new well will be carried by Selan under the work programme between the two joint venture partners. Read More
(Alliance News) - Synergia Energy Ltd on Friday said it has executed heads of terms to sell an onshore oil field to Selan Exploration Technology Ltd. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More
(Alliance News) - Synergia Energy Ltd on Monday said there is potential to sharply increase gross production and cash flow as it announced an update for Cambay. Read More
Synergia Energy Ltd - West Perth, Australia-based oil and gas company - Says 50-50 joint venture partner Harbour Energy PLC has withdrawn from the Medway Hub Camelot carbon capture & storage project joint operating agreement and the associated carbon storage license CS019, meaning Synergia Energy's stake in the project has reverted to 100%. The withdrawal was part of Harbour Energy's rationalisation of its carbon capture & storage portfolio. Synergia Energy will begin to search for a new joint venture partner. Read More
(Alliance News) - Synergia Energy Ltd on Friday announced an update on operations on its Cambay production sharing contract in India. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced this week and not separately reported by Alliance News: Read More
(Alliance News) - Synergia Energy Ltd on Wednesday said that it has closed a farm-out agreement for the Cambay Field product sharing contract in Gujarat, India. Read More
(Alliance News) - Synergia Energy Ltd on Monday said that its farm out agreement with Selan Exploration Technology Ltd has been approved by the Government of India. Read More
Synergia Energy Ltd - West Perth, Australia-based oil and gas company - Agrees to a further short-term loan with Indian Government while it awaits the sale of 50% of its Cambay production sharing contract to Selan Exploration Technology Ltd. Synergia will receive USD2.5 million from Selan pending expected government approval. Also obtains further funding of GBP400,000 from investors in order to minimise equity dilution. Loan funding to be repaid following Cambay sale. Read More
Synergia Energy Ltd - Oil and Gas exploration company headquartered in West Perth - Announces on Tuesday that it has begun a farm out process of its interest at the UK Medway Hub Camelot CCS project. Synergia and partner Wintershall Dea AG each own 50% of the Camelot carbon storage centre in the Southern North Sea. The centre is projected to store between 70 and 100 million tonnes of CO2. Synergia is offering up to 50% of its stake to interested parties. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and Wednesday, and not separately reported by Alliance News: Read More