RNS Announcement
01 October 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 for the last several months concerning the planned new C-79 Cambay well.
The primary target for C-79 has been agreed as the Eocene located close to the existing producing C-19z well. The well will be a vertical / deviated well and will incorporate hydraulic fracking in the Eocene reservoir. ASEL plan to use a DEEP Industries rig and the current estimated spud date is late November 2026.
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:
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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 |