---
title: "Synergia Energy Ltd (ASX:AIM:SYN) Cambay Farm Out Process Initiated"
publisher: "Share Talk"
author: "sharetalk"
published: "2022-09-30T06:39:03+00:00"
modified: "2022-09-30T06:39:03+00:00"
date: 2022-09-30
canonical: "https://www.share-talk.com/synergia-energy-ltd-asxaimsyn-cambay-farm-out-process-initiated/"
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"]
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"
---

# Synergia Energy Ltd (ASX:AIM:SYN) Cambay Farm Out Process Initiated

**Published:** September 30, 2022
**Author:** sharetalk
**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)

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**Synergia Energy Ltd** (the “Company” or “Synergia”) is pleased to announce the following update with respect to its Cambay India operations.

The Company has engaged a recognised oil and gas advisory firm to provide advisory services for the planned farm out of up to 50% of the Company’s Cambay PSC. The advisory firm has extensive Indian oil and gas industry experience as well as an international reach. The identification of a partner on the Cambay PSC is key to the Company’s strategy to embark on a full field development programme, which is targeted to commence in 2023.

**For and on behalf of Synergia Energy Ltd**

A picture containing hanger Description automatically generated

Roland Wessel

CEO

For further information, please contact:

Investor Enquires

Synergia Energy Ltd

Roland Wessel

CEO

Email: [synergiaenergy@synergiaenergy.com](mailto:synergiaenergy@synergiaenergy.com)

Tel: +61 8 9485 3200

Australia

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