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Cambay PSC Update

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Synergia Energy Ltd has provided an update on its Cambay PSC in India, confirming that the planned C-79 new well will target the Eocene reservoir near the existing C-19z well. This vertical/deviated well will incorporate hydraulic fracking, with a joint venture partner planning to use a DEEP Industries rig. The estimated spud date for the C-79 well is late November 2026.

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Synergia Energy Limited (Synergia or the Company) announces the following update regarding its Cambay PSC (WI 50%) in India.

Planned Cambay C-79 new well update

Synergia and its Cambay PSC joint venture partner, Antelopus Selan Energy Limited (“ASEL”) have been engaged in detailed technical discussions for the last several months concerning the planned new C-79 Cambay well.

The primary target for C-79 has been agreed as the Eocene located close to the existing producing C-19z well. The well will be a vertical / deviated well and will incorporate hydraulic fracking in the Eocene reservoir. ASEL plan to use a DEEP Industries rig and the current estimated spud date is late November 2026.

For and on behalf of Synergia Energy Limited

Roland Wessel

CEO

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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