Synergia Energy Ltd Npv — Cambay PSC Update

(LSE:SYN) Synergia Energy Ltd NPV announced that its partners have reached broad agreement on the C-79 Eocene well target, the well program, and the fracking program. Synergia Energy holds a 50% working interest in the Cambay PSC. The planned spud date for the C-79 Eocene well has been delayed. The original estimate for spudding was late November 2026. The new expected spud window is February–March 2027. The delay is due to the DEEP Industries drilling unit currently being assigned to ONGC in Assam. There is currently no firm mobilisation date for the drilling unit. The company stated that it will provide timing updates when the Operator confirms mobilisation. The update concerns the Cambay PSC project. The announcement reflects coordination among project partners regarding technical and operational plans. The delay in drilling is attributed specifically to equipment availability. The Operator is responsible for confirming the mobilisation schedule. No additional financial or operational figures were disclosed in this update. The company did not provide further details on the impact of the delay. The update is focused on project scheduling and operational logistics.

(AIM:SYN) Synergia Energy Limited has provided an update regarding its Cambay PSC (WI 50%) in India. The company and its joint venture partner, Antelopus Selan Energy Limited (ASEL), have been engaged in detailed technical discussions over several months concerning the planned new C-79 Cambay well. The primary target for the C-79 well has been agreed as the Eocene, which is located close to the existing producing C-19z well. The C-79 well will be drilled as a vertical or deviated well and will incorporate hydraulic fracking in the Eocene reservoir. ASEL plans to use a DEEP Industries rig for the drilling of the C-79 well. The current estimated spud date for the C-79 well is late November 2026. The Cambay PSC joint venture is operated with a 50% working interest. This update 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 and is disclosed in accordance with the Company's obligations under Article 17 of MAR. The announcement is made for and on behalf of Synergia Energy Limited by Roland Wessel, CEO.

Issue of Share Options

(AIM:SYN) Synergia Energy Limited has issued 2,169,649,244 share options ("Options") over the Company's ordinary shares to Republic Investment Management Pte Ltd. The Options are exercisable at 0.0119 pence each, representing a 10% premium over the prevailing share price as at 27 April 2026. The Options expire on 27 April 2027. This issuance follows the announcement of entering into a loan agreement on 7 April 2026. The announcement was made on 29 June 2026. The information is disclosed in accordance with the Company's obligations under Article 17 of MAR. The announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014.

Appointment of Non-Executive Director

Synergia Energy Limited announced the appointment of Stacey Britza as Non-Executive Director with immediate effect. Stacey has been involved in the Company's activities for 18 years as Executive Assistant and Assistant Company Secretary. She does not currently hold any ordinary shares, options or warrants over the Company's ordinary shares. The announcement includes required disclosures under AIM Rules, confirming no current or past five-year directorships or partnerships for Stacey Britza. There are no further disclosures required in accordance with AIM Rule 17 or Schedule 2(g) of the AIM Rules for Companies.

Cambay PSC and Board Changes

Synergia Energy Limited announced an update regarding its Cambay PSC (50% WI) in India and changes to its Board structure. Oil production for April 2026 averaged 148 bopd, primarily from two wells (C-64 and C-74) worked over in October 2025, while gas production averaged 39 MCF/day from the C-77H well. The company is in discussion with its joint venture partner, Antelopus Selan Energy Ltd, about drilling a new well (C-79) later this year. Mark Bolton, Non-Executive Director, is stepping down but will continue to assist the company under an advisory contract. Synergia plans to appoint Stacey Britza, Assistant Secretary, as a Non-Executive Director, with a further announcement to follow.