10th Nov 2025 13:00
RNS Announcement
10 November 2025
AIM: SYN
Cambay PSC Update
Synergia Energy Limited ("Synergia" or the "Company"), announces the following update regarding its Cambay PSC (WI: 50%), onshore India.
Workover Operations:
The work over of the Cambay C-64 well has been completed and the sucker rod pump ("SRP") is operational. The well has been cleared of the brine "kill" fluid and has produced an average of 23 bopd over the last 3 days.
The Aakash work over rig was mobilized to the C-72 well; the workover has been completed and an SRP has been installed. The well is being cleared of brine "kill" fluid and stable production levels will be announced in due course.
Following the C-72 work over, the Aakash rig is currently being mobilized to the C-74 well location to conduct a similar work over program which will complete the three well work over campaign.
Drilling Operations:
The C-78 well was drilled in 12 ¼ inch hole size to 603 meters prior to running 9 5/8 inch casing. Drilling has resumed in 8.5 inch hole size.
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: 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: Tel: +44 20 7399 9427 UK |
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