Synergia Energy Ltd
25 August 2026
RNS Announcement
25 August 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.
Cambay PSC production update
Following the workover of the C-19z, C-64 and C-74 legacy wells, a program to tie in associated gas via a newly constructed in-field pipeline network to the C-73 gas export facility has been completed.
For the last 3.5 years, gas has been produced and exported from the C-77H and C-73 wells.
Currently, associated gas from the C-19z and C-64 wells is being co-mingled with the long-term C-73 and C-77H gas wells, with a total gas production of 124 Mscfd as of 23 August 2026. It is anticipated that this will rise to circa 200 Mscfd when the associated gas from the C-74 well is brought online over the coming days.
The associated gas from the C-08 well has yet to be tied in.
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 Enquiries 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 AlbR Capital Limited Colin Rowbury Email: cr@albrcapital.com Tel: +44 20 7469 0930 UK |
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