RNS Announcement
27 August 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.
Selan Exploration Technology Limited ("Selan") have informed the Company of the following planned activities on the Cambay PSC:
· The Aakash 50T work over rig will be deployed to the Cambay C-64 wellsite by mid-September to undertake the installation of the sucker rod pump.
· Selan plan to deploy a drilling rig contracted from Kiri Oilfield Services to drill a new well on the Cambay PSC in October 2025. The cost of the new well will be carried by Selan under the work program associated with the Farm In / Farm Out agreement between Synergia and Selan.
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: bstayt@synergiaenergy.com 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: crowbury@novumsecurities.com Tel: +44 20 7399 9427 UK |
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