Synergia Energy Limited ("Synergia" or the "Company"), announces the following update regarding its Cambay PSC (WI: 50%), onshore India.
Cambay C78 Well Status:
Subsequent to the drilling and casing operations, the C-78 well was perforated over a 5 meter interval in the Oligocene OSII zone. The well showed gas during clean up and testing operations. The well is currently under observation to monitor pressure behaviour, which will help in subsequent technical studies and operational planning for future gas monetisation from C-78.
Workover Operations:
As a result of the workover operations, production has stabilised at an aggregate level of circa 40 bopd (gross) from the C-64 and C-74 wells.