{"id":103663,"title":"Synergia Energy Ltd (AIM:SYN) Cambay Production Update","publisher":"Share Talk","author":"sharetalk","published":"2022-11-21T07:12:06+00:00","modified":"2022-11-21T07:12:06+00:00","canonical_url":"https://www.share-talk.com/synergia-energy-ltd-aimsyn-cambay-production-update/","markdown_url":"https://www.share-talk.com/synergia-energy-ltd-aimsyn-cambay-production-update.md","json_url":"https://www.share-talk.com/synergia-energy-ltd-aimsyn-cambay-production-update.json","category":"Energy","categories":["Energy"],"tags":["Bhandut Field","Cambay","gas","GSPC","Gujarat","India","Indonesia","Joe Salomon","JPDA 06-103","LNG","LPG","OEX","oil","Oilex","Oilex Ltd","ONSHORE GUJARAT","Petroleum","Roland Wessel","Share Talk","SYN","Synergia Energy","TIMOR SEA","WEST KAMPAR"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1","format":"news","language":"en-GB","content":"**Synergia Energy Ltd** (the “Company” or “Synergia”) is pleased to announce the following update with respect to its Cambay India operations.\n\nThe C-77H well continues to produce on a consistent plateau with gas rates between 255 and 275 MCFD. Gas production is being sold at the Government of India regulated price of $8.57/MCF.\n\nIn addition to the C-77H gas condensate, oil production from the C-19z, C-20, C-63 and C-72 wells has re-commenced.\n\nAlthough the newly re-opened oil wells are experiencing “flush production” (the higher rate normally experienced when wells are brought back online), currently an aggregate of c. 50 bopd (including condensate) is being produced.\n\nThe oil is being sold at Bonny Light average pricing. In October 2022, 893 bbls of oil were sold at $78.8/bbl.\n\n**For and on behalf of Synergia Energy Ltd**\n\n**Roland Wessel**\n\n**CEO**\n\nFor further information, please contact:\n\nInvestor Enquires\n\nSynergia Energy Ltd\n\nBriana Stayt\n\nInvestor Relations\n\nEmail: [bstayt@synergiaenergy.com](mailto:bstayt@synergiaenergy.com)\n\nTel: +61 8 9485 3200\n\nAustralia"}