Cambay PSC Update

04 November 2025 09:45:02
Source: Sharecast

RNS Number : 1059G

Synergia Energy Ltd

04 November 2025

RNS Announcement

04 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 is still cleaning up with the brine "kill fluid" being removed. The clean up will last a few days before the production potential of the well can be assessed.

The Aakash XIV 50T work over rig has been mobilized to the C-72 well location and is rigged up and commencing the work over operation. The program for this well is to clean up the well and install an SRP.

Following the C-72 work over, the Aakash XIV 50T rig will be 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 Kiri drilling rig has been mobilised to the new C-78 drilling pad (close to the C-54 well location) and the drilling of the new C-78 well has commenced as of 4 November 2025.

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

Joint Broker

Novum Securities

Colin Rowbury

Email:

crowbury@novumsecurities.com

Tel: +44 20 7399 9427

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