Business
Cambay PSC Sale FAQs / Cambay PSC Update
Synergia Energy Limited provided an update on its Cambay PSC operations, noting that the C-78 well is ready for perforation and production testing, while the C-64 well continues to produce 30 bopd, C-72 is experiencing waxy crude issues, and C-74 has stabilized at 15 bopd. The company also posted an FAQ document regarding the proposed sale of its 50% working interest in the Cambay PSC to Antelopus Selan Energy Limited and its intention to cancel its AIM admission. Disclaimer*
About this update from Synergia Energy Ltd
[{"type":"text","content":"\n\nRNS Announcement\n \n03 December 2025\n \nAIM: SYN\n\nCambay PSC Sale FAQs / Cambay PSC Update\n\n \nSynergia Energy Limited (\"Synergia\" or the \"Company\"), announces the following update regarding its Cambay PSC (WI: 50%), onshore India.\n \nDrilling Operations:\n \nFollowing the logging of the C-78 well and the cementing of the 5 ½\" casing, the Kiri drilling rig has been released.\n \nThe next operations are to perforate the casing at the pay zone level and production test the well. These operations will commence once the 30T workover rig has been installed at the wellsite. An update regarding the production testing will be provided as soon as available.\n \nWorkover Operations:\n \n· Following the recent work over, the Cambay C-64 well continues to produce at an average of 30 bopd.\n \n· The C-72 well has yet to achieve a stable production level while the waxy crude issues are being resolved.\n \n· The C-74 well has established a stable production level of 15 bopd.\n \n· The Aakash work over rig has been released.\n \n \nSale of Cambay PSC 50% working interest to Antelopus Selan Energy Limited (\"Selan\")\n \nSubsequent to the Company's RNS of 1 December 2025 concerning the proposed sale of the Company's 50% working interest in the Cambay PSC to Selan and the Company's intention to cancel the Company's admission to trading on AIM, the Company has posted a Frequently Asked Questions (\"FAQ\") document on the Company website.\n \nTo view the FAQ document, use the following link: https://www.synergiaenergy.com/sites/synergia-energy-ltd/files/FAQ%20for%20Synergia%20website%203.12.25%20SPA.pdf\n \n \nThis 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.\n \n \n \nFor and on behalf of Synergia Energy Limited\n \nRoland Wessel\nCEO\n \nFor further information, please contact:\n \n\n\n\n\nInvestor Enquires\nSynergia Energy Ltd\nBriana Stayt\nInvestor Relations\nEmail: \nbstayt@synergiaene...