Synergia Energy Delays Cambay Drilling Program
The energy company has delayed the start of its drilling program at the Cambay asset in India, pushing back production plans.
The energy company has delayed the start of its drilling program at the Cambay asset in India, pushing back production plans.
The energy company has reported a change in major shareholding, with an investor increasing its stake to 14.5%.
The oil and gas explorer reported a profit boosted by asset sale, but faces declining revenue, production, and ongoing profitability challenges. Future performance hinges on a new well completion in late 2025.
The oil and gas explorer has raised £750,000 through a discounted share placing, signaling potential challenges in the business.
The energy company provides an operational update on its gas and carbon capture projects, with plans for new drilling and workovers in India, but uncertainty around a replacement partner for its UK carbon capture project.
The energy company has appointed a new Executive Director with extensive finance experience.
Oil & gas explorer Synergia Energy appoints new joint broker, unlikely to move the needle on share price.
Oil and gas exploration company boosts production at key asset
Oil and gas exploration company sees major shareholder reduce stake
Energy company Synergia loses joint venture partner for its carbon capture and storage project, introducing uncertainty.