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Synergia Energy Ltd - developer of natural gas assets in India - Notes it has received a non-binding expression of interest for the acquisition of up to 51% in its Cambay Block PSC. Says this is in return for a carried interest in the drilling of a ‘to be defined number of development wells’. Notes this expression of interest may not necessarily result in the completion of any deal, and is subject to due diligence. Says it will make a further announcement if and when appropriate.
Current stock price: 0.18p, up 55%
12-month change: down 11%
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