Synergia Energy Ltd · LSE:SYN
Synergia Energy — Investor Presentation (April 2026)
21 slides from Synergia Energy's investor presentation, April 2026
Slide 1: Creating Value in Gas and CCS Projects
CREATING VALUE IN GAS AND CCS PROJECTS INVESTOR PRESENTATION April 2026 NG Grain LNG terminal
Slide 2: Disclaimer
DISCLAIMER SynergiaEnergy The information contained herein has been provided solely for information purposes and does not purport to be comprehensive or contain all the information that may be required by recipients to evaluate Synergia Energy LTD (the “Company”). This presentation and the informati
Slide 3: Snapshot: Focused on Gas and CCS
SNAPSHOT FOCUSED ON GAS AND CCS Gas + Condensate Production India (50% WI) Cambay PSC (India) • Cambay PSC onshore Gujarat State • Producing gas field - 206 BCF P50 + ~1 TCF upside (gross) • Free-carry on $20m field development program - UNDERWAY Medway Hub Camelot CCS (UK) CCS Offshore UK (50% JV i
Slide 4: Investment Case: Growth Strategy Focused on Gas and CCS
INVESTMENT CASE GROWTH STRATEGY FOCUSED ON GAS AND CCS • Management with extensive experience of international E&P projects • Projects have high return on investment potential • Only AIM management team with extensive gas storage experience developing CCS projects Gas onshore India • Production of l
Slide 5: Growth Strategy
GROWTH STRATEGY Focus on development of oil and gas reserves in Cambay PSC • Centred on Cambay PSC field in India with high return on investment potential Growth Strategy • 206 BCF P50 gas reserves and ~1 TCF potential (gross) • Substantial reserves and contingent resources offer further growth oppo
Slide 6: Why Invest in Gas in India?
WHY INVEST IN GAS IN INDIA? • India has world’s largest population and economic growth (world’s third largest economy) resulting in increasingly high energy demand from a historical coal-dominated energy mix • Government of India (GoI) highly supportive of oil and gas sector • Regulatory environment
Slide 7: Cambay PSC Project Overview
CAMBAY PSC PROJECT OVERVIEW • Farm Out to Antelopus Selan Energy completed 1 August 2024 creating 50:50% JV • Free carry on $20 million work program • Production resumed April 2022 and exports currently to low pressure grid with gas sales at c. $8/MCF • Selan WP commenced October 2024 with initial w
Slide 8: Cambay Gas Field: Eocene Gas Reservoir Development
CAMBAY GAS FIELD EOCENE GAS RESERVOIR DEVELOPMENT • Field development plan focused on Eocene tight gas reservoir with c. 1 TCF contingent gas resources and 206 BCF P50 reserves • Eocene gas reservoirs 50-90m thick across field as demonstrated by numerous (>30) test wells • Farm Out Agreement signed
Slide 9: Why Invest in CCS?
WHY INVEST IN CCS? UK (Offshore) • Potential to create significant shareholder value over the next 5 years • Synergia management have extensive experience of storage projects • Aligned with UK government net zero strategy • Medway Hub Camelot CCS Project – merchant scheme and not commercially restri
Slide 10: Medway Hub Camelot CCS Project Overview
MEDWAY HUB CAMELOT CCS PROJECT PROJECT OVERVIEW • Transportation and storage of CO2 from 3 major CCGT power stations located on the Isle of Grain near Rochester, Kent and from Continental European carbon hubs (Zeebrugge, Rotterdam and Wilhelmshaven) • Liquid CO2 transported via tanker to depleted ga
Slide 11: Medway Hub Camelot CCS Project Overview (contd.)
MEDWAY HUB CAMELOT CCS PROJECT PROJECT OVERVIEW (contd.) Carbon Hub (Medway, Zeebrugge, Marine CO2 Shuttle Floating Injection, Rotterdam, Tanker Storage & Offloading Wilhelmshaven) (FISO) vessel Camelot Storage Complex 11
Slide 12: Medway Hub Camelot CCS Commercial Highlights
MEDWAY HUB CAMELOT CCS PROJECT COMMERCIAL HIGHLIGHTS • Synergia / Wintershall awarded carbon storage license CS019 for the Camelot reservoirs by the North Sea Transition Authority (NSTA) June 2023 • 50:50 JV with Harbour Energy (who acquired Wintershall Dea Sept 2024); Synergia is operator • Multipl
Slide 13: Project Timeline & Responsibilities
MEDWAY HUB CAMELOT CCS PROJECT PROJECT TIMELINE & RESPONSIBILITIES Under T&S contract, Synergia will be responsible for: • Batch loading of liquid CO2 onto CO2 tanker at the IoG LNG terminal or Continental European carbon hub • Transport by sea tanker to Floating Injection, Storage and Offloading ve
Slide 14: Cambay India CCS Project Highlights
CAMBAY INDIA CCS PROJECT HIGHLIGHTS • Cambay CCS scheme introduced to Govt. of India regulators in January 2023. In July 2024, DGH requested a proof- of- concept pilot project with Central GOI funding • First end-to-end CCS solution in India • Cambay is an ideal location for a CCS hub due to its pro
Slide 15: Investment Case: Growth Focused on Gas and CCS
INVESTMENT CASE GROWTH FOCUSED ON GAS AND CCS • Unique opportunity to invest in AIM company with significant India gas field development plus CCS in UK and India • Cambay India gas field is currently on production and $20 million development Work Program is carried by JV partner, Antelopus Selan Ene
Slide 16: Appendices
APPENDICES SynergiaEnergy 16
Slide 17: Reserves
RESERVES SynergiaEnergy Cambay PSC Reserves at 1 June 2022 (gross) Gas (Bscf) Condensate (MMstb) 1P 2P 3P 1P 2P 3P 0 206 377 0 8 17.3 Cambay PSC Contingent Resources at 1 June 2022 (gross) Gas (Bscf) Condensate (MMstb) 1P 2P 3P 1P 2P 3P 388 720 1239 23.7 52.8 104 The resource report was prepared by
Slide 18: Management and Board
MANAGEMENT AND BOARD ROLAND WESSEL, CEO ASHISH KHARE, Head of India assets ANDREW DARBYSHIRE, CFO (appointed June 2021) (appointed November 2016) (appointed November 2024) • Over 40 years’ experience in all of the world’s • Based in India with over 22 years of • Over 17 years’ experience in finance,
Slide 19: Management and Board (Cont.)
MANAGEMENT AND BOARD (Cont.) JOE SALOMON PETER SCHWARZ (NON-EXECUTIVE CHAIRMAN) (NON-EXECUTIVE DIRECTOR) Mr Salomon has a Bachelor degree in Applied Science and is a Mr Schwarz was appointed as a Non-Executive Director in member of the AAPG, Petroleum Exploration Society of Australia, September 2019
Slide 20: Corporate Snapshot
CORPORATE SNAPSHOT Capitalisation Corporate • 15,571 million ordinary shares • Incorporated in Australia in 2000 • 0.012p per share @ 15 April 2026 Shareholders • £1.8m market capitalisation Republic Investment Management 13.5% • No debt Hargreaves Lansdown 12.6% • £0.6m cash @ 31 Dec 2026 Interacti
Slide 21: Glossary
GLOSSARY • CCGT: Combined Cycle Gas Turbine power station • CCS: Carbon Capture and Storage • AIM: Alternative Investment Market – London Stock Exchange • BCF: Billion cubic feet • Mta: Million tonnes per annum • FISO: Floating Injection, Storage and Offloading vessel • FPSO: Floating Production, St