Cambay PSC Update
C-79 well spud date delayed from late November 2026 to February/March 2027 due to drilling rig unavailability.
vs expectations: below
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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 concerning the planned new C-79 Cambay well. Synergia and ASEL are in broad agreement regarding the Eocene well target, well program and fracking program.
As per the RNS dated 01 October 2026, wherein ASEL previously indicated an estimated spud date of late November 2026, ASEL have recently indicated that no firm date exists for the mobilisation of the DEEP Industries drilling unit which is currently assigned to ONGC in Assam and that ASEL’s current estimate for the C-79 spud date is now February / March 2027.
The Company will provide an update on the timing of the C-79 well as soon as more information is provided by the Operator, ASEL.
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.