Synergia Energy (AIM: SYN) Advances Cambay Field Work Program in India - Share Talk

Synergia Energy (AIM: SYN) Advances Cambay Field Work Program in India

Synergia Energy Limited has reported steady progress in its operations at the Cambay Production Sharing Contract (PSC) in India.

The company confirmed that workover operations on the C-64 well have been completed, with the well now producing an average of 23 barrels of oil per day (bopd).

Similarly, the C-72 well workover has also been finished, and a sucker rod pump (SRP) has been installed. Synergia said stable production figures will be released soon, after which the rig will move to the C-74 well—the final step in the company’s current three-well campaign.

Meanwhile, drilling of the C-78 well has reached a depth of 603 meters in a 12¼-inch hole section, where casing has been successfully set. Drilling has now resumed in the 8.5-inch section, marking continued momentum in the company’s development program.

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


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