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SYN Synergia Energy Ltd

0.049
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Synergia Energy Ltd LSE:SYN London Ordinary Share AU0000233538 ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.049 25,993,087 08:00:00
Bid Price Offer Price High Price Low Price Open Price
0.048 0.05 0.049 0.049 0.049
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs AUD 638k AUD -2.8M AUD -0.0003 -1.67 4.12M
Last Trade Time Trade Type Trade Size Trade Price Currency
08:28:58 O 9,637,075 0.0493 GBX

Synergia Energy (SYN) Latest News

Synergia Energy (SYN) Discussions and Chat

Synergia Energy Forums and Chat

Date Time Title Posts
09/11/202419:34Synergia Energy Limited894
08/11/202416:06I’m in debt because of this kind of investment of bitcoins especially527
26/4/202316:52syntopix - swap your acne for cash15
26/4/202316:28synstar112
26/4/202316:28Synstar....3

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Synergia Energy (SYN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
08:28:590.059,637,0754,751.08O
08:28:040.05492,019246.01O
08:15:160.059,984,0004,992.00O
08:10:330.053,989,9991,955.10O
08:09:340.051,889,994945.00O

Synergia Energy (SYN) Top Chat Posts

Top Posts
Posted at 08/11/2024 19:17 by totally banjo
8 November 2024
AIM: SYN

Cambay Operational Update

The Board of Synergia Energy Limited (Synergia or the Company) is pleased to announce the following update on operations being conducted on its Cambay PSC (WI: 50%) in India.

Operational update


As previously announced, the Company has completed its farm out of a 50% working interest in its Cambay PSC in India to Selan Exploration Limited ("Selan"). Selan have now commenced the agreed $20 million work program on the Cambay Field PSC, for which Synergia is to be carried by Selan.

Preparatory work at the wellsite, including bush clearing and road access, is complete for wells C-70, C-63, C-72, C-74, C-77H, C-73, and C-64. Selan have carried out well pad cleanups, levelling and surface preparatory jobs for slickline operation, machinery access and workover rig setup.

New pressure gauges have been installed by Selan to enable regular monitoring of tubing head pressure (THP), casing head pressure (CHP), and production data. Hydrotesting of all valves of the X-Mas tree assemblies are currently in progress.

A suitable (30 MT) workover rig has been contracted together with a wireline unit and other key equipment items for the planned first two well workover operations.

Slickline operations commenced on November 6, to be followed by circulation, activation, and periodic liquid level surveys.
Posted at 24/10/2024 10:26 by totally banjo
24 October 2024
AIM: SYN

AGM - Notice of Meeting



Synergia Energy Ltd (Synergia Energy or the Company) advises that its Annual General Meeting will be held on Friday, 22 November 2024 at 6pm AWST / 10am GMT (Meeting) at Vigo Consulting, 78-79 New Bond Street, London, W1S 1RZ, United Kingdom.
Posted at 03/10/2024 10:44 by totally banjo
3 October 2024
AIM: SYN

Investor Presentation


Synergia Energy Ltd ("Synergia" or the "Company") will host an investor presentation via the digital platform Investor Meet Company on Wednesday 16 October 2024 at 11.00 (BST). Management will provide an operational update.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via the Investor Meet Company dashboard up until 9.00 the day before the meeting.

Investors can sign up to Investor Meet Company for free and add to meet Synergia Energy via the following link hxxps://www.investormeetcompany.com/synergia-energy-ltd/register-investor. Investors who already follow Synergia Energy on the platform will automatically be invited.
Posted at 11/9/2024 17:31 by totally banjo
11 September 2024

AIM: SYN

Cambay Work Program update


Synergia Energy Ltd ("Synergia" or the "Company") provides the following update regarding the planned work program associated with the Company's Cambay Field Production Sharing Contract ("Cambay PSC") in Gujarat State, India.

Synergia's joint venture partner, Selan Exploration Technology Limited ("Selan"), is lead joint operator on the Cambay PSC pursuant to the closing of the farm-out agreement on 1 August 2024, with a 50% working interest in the PSC.

Selan plan to conduct workover operations on a minimum of 3 wells and potentially up to 6 wells on the Cambay PSC. The candidate wells are C-20, C-63, C-64, C-70, C-73 and C-77. All workover candidates are currently being evaluated with respect to sequencing and technical requirements. Workover operations are planned to commence in October 2024 and once completed, will be followed by the drilling of two new vertical wells and one new horizontal well. It is anticipated that the workover program will be of approximately 6 months' duration. Synergia will be carried by Selan through the agreed US$20 million work program.
Posted at 01/8/2024 08:53 by geoffmanana
Personally I think we are now paying the price for all the fund raising over the years with discounted shares that have and are still being sold into any good news, creating massive profits for the company in question.
How many more shares are there still to be sold?
Again imo SYN's share price will continue to be held back until these shares are cleared.
Any comments?
Posted at 12/7/2024 14:17 by ashleyjv
Synergia Energy Ltd
@Synergiaenergy
·
Jul 11
#SYN Roland met with the Minister of Petroleum and Natural Gas in Delhi this morning during an interactive discussion between company CEOs and the Minister.
Synergia Energy Ltd
@Synergiaenergy
·
Jul 10
#SYN Roland, Ashish and Alpesh made a presentation to the DGH yesterday regarding the Cambay CCS scheme. We are confident that we will have DGH’s active support for a pilot scheme
Posted at 23/6/2024 17:29 by candlestick1
Here's my argument for SYN and why I believe it's woefully undervalued:- MCAP of just GBP12m currently- GoI approval "imminent", immediately giving USD2.5m to SYN- CEO taking short-term loans over dilution to protect shareholders- A free carry for the first USD20m of drilling - 3 new wells and 3 work overs- Additional bonus payments of up to USD9m based on production targets- Retaining 50% of all revenues - no cost liability until 3 drills completed.- Targeting BASE CASE of 4MMcf/day PLUS 160bopd of condensate (UPSIDE CASE of 6MMcf/d & 240 bopd)- Revenue based on 4MMcf/d gives USD20m+ to SYN once 3 wells producing. No outgoings at this point due to free carry- New drill expected every 5 months of a 10-drill programme- Peak revenue after 10th well producing of USD4m per MONTH- Possibility of 30-wells to extract P50 of 206Bcf reservesOnce GoI approval is given, we just need them to crack on and Synergia will be unrecognisable from today. None of the above includes the benefits from their CCS schemes.
Posted at 06/3/2024 08:24 by icac
I have to say, I've been reading more and more news regarding more companies thinking of leaving the London Stock exchange because those companies believe they are not getting a fair value for their company.
this will also result in us investor also not getting the true value of our cash invested.
LSE has become a laughing stock exchange and maybe soon I will also leave the LSE for good.
how an earth can SYN share price fall to 0.09s after so many good news..
simply cannot work it out???
I can only think it is highly malupated, only for investors to lose their cash and not allow investor to win.
Posted at 04/3/2024 08:44 by 1sajad
The company is well aware that there are shorters spreading false rumours of placings to try manipulate the share price. Was it the strong finish on Friday that has given you the jitters with news due shortly on the GOI approval and the 2.5million payment to SYN that will also come due on Goi approval followed by the full field development expect this share price to start moving upwards
Posted at 24/2/2024 23:43 by icac
haha 😄. ITs all down to GOI approval. if Syn and selan did not get the approval then investors would be in big trouble, the Sp will tank. firstly, Syn will not receive the £2.5 million, secondly syn will need to raise for more working capital , and finally, what's going to happen to the 100% owned cambay field??
But from what we heard, the Indian government ( Modi) wants to press ahead with their own oil and gas instead of relying on import.
As this is not a certain done deal without Goi approval, then this is not yet a done deal and the Market has not reacted quite Yet. The market makers creating a false market to take money of the weak.
Once GOI is signed , you will prob see a huge share price rise, how high we don't know, depending on how the MMs value this company, but I would say 0.25 - 0.50p seem fair.
The share price next leg up will depend on how much gas both SYN and Selan can obtain from those 3 wells .

Anyway , approval will be weeks away, get in now and share price could hit 0.25 - 0.50p once GOI approved.
whether you sell or hold then it's up to you.

the next stage will be how much gas they can obtain and how much profit is split between the 2 partners , but that will be 12-18 months down the line. if figures were to be near the top end, then talks of more wells to be drilled, and you can imagine for yourself how high the Sp can go..
anyway, been out drinking and watching the 6 nations, hope you all have a nice weekend. 👍 🙂
Synergia Energy share price data is direct from the London Stock Exchange

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