SYN 0.00% 0.1¢ synergia energy ltd

There is a new investor presentation available. RNS'd in London...

  1. 27 Posts.
    There is a new investor presentation available. RNS'd in London today.

    http://www.rns-pdf.londonstockexchange.com/rns/0147C_1-2012-4-25.pdf and on the website.

    They will definitely need to raise some cash soon as this well is bleeding them dry. They (and me) are praying they get this turkey to flow before they set the price.

    Plan is to drill 3 more wells to prove up the reserves. Interestingly, one of the wells is sited right next to 76H. I wonder if this means they have given up on 76H and plan to redrill it.
 
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Currently unlisted public company.

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