(Alliance News) - Synergia Energy Ltd on Tuesday said it has arranged a GBP1.1 million equity raise and added that it reached a deal "in principle" for a farm-out at the Cambay field. Read More
(Alliance News) - Synergia Energy Ltd on Friday said gas production rates have plateaued at the Cambay C-77H well in Gujarat, India in an update on the well's artificial lift operations. Read More
Synergia Energy Ltd - India and UK-focused gas production and carbon capture & storage project development company - Completes the installation of a jet pump into the C-77H well at the Cambay field in India. Adds that the artificial lift system at the well is also operational. Says that further announcements will be made regarding production rates once the well has been cleared of fluids and flow rates have been stabilised. The fluids in the wellbore are currently being lifted, Synergia says. Read More
(Alliance News) - Synergia Energy Ltd on Thursday reported an increased annual loss but emphasised the development of a large gas resource in India. Read More
(Alliance News) - Synergia Energy Ltd on Wednesday said that gas output at the Cambay C-77H well in Gujarat has stabilised. Read More
(Alliance News) - Synergia Energy Ltd on Wednesday said workover operations at the Cambay C-77H well in Gujarat, India have proceeded according to expectations. Read More
Synergia Energy Ltd - India-focused developer of natural gas assets - Says it will raise GBP775,000 via a placing of 704.5 million new shares at GBP0.11 per share, to be completed in two tranches by August 7. Says the funding will be used to complete its workover of the Cambay C-77H well, as well as for its working capital base. Notes that 16.8% shareholder Republic Investment Management Pte Ltd will subscribe for GBP325,000 of the placing. Read More
Synergia Energy Ltd - India-focused developer of natural gas assets - Says workover rig regarding Cambay C-77H in Gujarat, India is well is due to arrive on July 12. Says rig will start workover operations on July 14, and will last around five days. Notes the program will facilitate a direct comparison of well performance with and without artificial lift. Read More
Synergia Energy Ltd - India-focused developer of natural gas assets - Confirms successful application for CS01 2022 APP25 'Camelot' carbon storage licence under North Sea Transition Authority's first round. Synergia acted as operator but made licence application in partnership with Wintershall Dea AG. Says licence is "significant milestone" for its Medway Hub CCS project, which provides for the capture and transportation of carbon dioxide emissions from coastal combined-cycle gas turbine power stations. CO2 will be transported in liquid form to a floating vessel and injected into UK Continental Shelf depleted gas fields and saline aquifers. First injection is expected in 2032. Synergia's share of initial work phase is subject to funding. Read More
Synergia Energy Ltd - developer of natural gas assets in India - Makes progress on implementation of artificial lift equipment for the Cambay C-77H well. The Cambay field is Synergia's flagship asset, covering 161 square kilometres in Gujarat, India. Read More
(Alliance News) - Synergia Energy Ltd shares dropped on Thursday, after it said one of its applications under a carbon storage licencing round has been unsuccessful. Read More
Synergia Energy Ltd - developer of natural gas assets in India - Notes it has received a non-binding expression of interest for the acquisition of up to 51% in its Cambay Block PSC. Says this is in return for a carried interest in the drilling of a "to be defined number of development wells". Notes this expression of interest may not necessarily result in the completion of any deal, and is subject to due diligence. Says it will make a further announcement if and when appropriate. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday 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 Wednesday 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 Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Synergia Energy Ltd on Monday said its Chief Executive Officer Roland Wessel met several firms in Delhi and Ahmedabad, India as part of its plans to farm out the Cambay field. Read More
Synergia Energy Ltd - Perth, Australia-based developer of natural gas assets in India, Indonesia and the UK, formerly called Oilex Ltd - Enters into a convertible loan agreement with "certain, sophisticated and/or professional" shareholders, in which it will secure a new financing facility of GBP650,000. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
(Alliance News) - Synergia Energy Ltd on Wednesday said its Cambay C-77H well in India has been on continuous plateau gas production since the re-installation of the production tubing in September, but is facing inhibited production due to condensate in the wellbore. Read More