RNS Announcement

04 August 2025

AIM: SYN

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

Following the execution of the Heads of Terms for the sale of Synergia's 50% working interest in the Cambay PSC, Selan Exploration Technology Limited ("Selan") have remitted the initial payment of US$ 0.5 million to Synergia. The development of a mutually acceptable Sale and Purchase Agreement is currently underway.

The current workover operation on the C-64 well which involves the installation of a sucker rod pump ("SRP") has experienced further delays due to monsoon rains and will continue into August 2025.

This announcement 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 ("MAR") and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

For and on behalf of Synergia Energy Limited

Roland Wessel

CEO

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