Cambay PSC Update

RNS Announcement

04 November 2026

AIM: SYN

Cambay PSC Update

Synergia Energy Limited (Synergia or the Company) announces the following update regarding its Cambay PSC (WI 50%) in India.

Planned Cambay C-79 new well update

Synergia and its Cambay PSC joint venture partner, Antelopus Selan Energy Limited (“ASEL”) have been engaged in detailed technical discussions concerning the planned new C-79 Cambay well. Synergia and ASEL are in broad agreement regarding the Eocene well target, well program and fracking program.

As per the RNS dated 01 October 2026, wherein ASEL previously indicated an estimated spud date of late November 2026, ASEL have recently indicated that no firm date exists for the mobilisation of the DEEP Industries drilling unit which is currently assigned to ONGC in Assam and that ASEL’s current estimate for the C-79 spud date is now February / March 2027.

The Company will provide an update on the timing of the C-79 well as soon as more information is provided by the Operator, ASEL.

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

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