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On 30 September 2022, Synergia Energy Ltd engaged a recognised oil and gas advisory firm. The firm will provide advisory services for a planned farm out of up to 50% of the Company's Cambay PSC.
| Date | 30 Sept 2022 |
| Time | 07:00:09 |
| Category | Corporate updates |
| ID | 1784B |
ASX-RNS Announcement
30 September 2022
ASX: SYN / AIM: SYN
Cambay Farm Out Process Initiated
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
Roland Wessel
CEO
For further information, please contact:
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Investor Enquires Synergia Energy Ltd Roland Wessel CEO Email: [email protected] Tel: +61 8 9485 3200 Australia |
AIM Broker Novum Securities Broker Colin Rowbury Email: [email protected] Tel: +44 20 7399 9427 UK |
AIM Nominated Adviser Strand Hanson Limited Nominated Adviser Ritchie Balmer/Rory Murphy Tel: +44 20 7409 3494 UK |
Media Enquires (UK) Vigo Consulting Investor Relations Patrick d'Ancona / Finlay Thomson Email: [email protected] Tel:+ 44 20 7390 0230 UK |