IN BRIEF: Synergia notes interest in 51% acquisition of its asset
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