Synergia Energy Ltd on Wednesday said that gas output at the Cambay C-77H well in Gujarat has stabilised.

The India-focused developer of natural gas assets added that the workover rig will arrive on location on September 8 to remove the production tubing and re-install the completion equipment.

Synergia plans to announce well production results with artificial lift as soon as output rates have stabilised.

Synergia Energy shares fell 9.8% to 0.10 pence each on Wednesday morning in London.

Copyright 2023 Alliance News Ltd. All Rights Reserved.