Cambay PSC Farm Out Update

Synergia Energy Ltd

12 February 2024

 

RNS Announcement

12 February 2024

AIM: SYN

Cambay PSC Farm Out Update

Synergia Energy Limited ("Synergia" or the "Company") announces the following update regarding the proposed Cambay PSC Farm Out.

Synergia continues to advance discussions and the relevant documentation with the potential joint venture partner (the "Farminee"), particularly in respect in finalising the farm out agreement and joint operating agreement. The Company and the Farminee are aiming to execute these agreements over the following week.

This 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.

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:  [e-mail] Tel: [phone] Australia

AIM Joint Broker Panmure Gordon (UK) Ltd Broker Mark Murphy / Hugh Rich / Freddie Wooding Tel: [phone] UK

AIM Joint Broker Novum Securities Broker Colin Rowbury Email:  [e-mail] Tel: [phone] UK

AIM Nominated Adviser Strand Hanson Limited Nominated Adviser Ritchie Balmer / Rory Murphy Tel: [phone] UK

Media Enquires (UK) Vigo Consulting Investor Relations Patrick d'Ancona / Finlay Thomson Email: [e-mail] [e-mail] Tel:+ 44 20 7390 0230 UK

 

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