Synergia Energy Ltd Releases Audited Annual Report for Fiscal Year 2026

Synergia Energy Ltd reported a 268% increase in FY2026 revenue to A$1.08 million and a 20% reduction in adjusted operating losses to A$2.8 million. Operating cash flow improved to an inflow of A$0.86 million, compared with an outflow of A$3.9 million the prior year. Four workovers at the Cambay field added about 180 BOPD, and the company eliminated gas flaring by monetizing associated gas from three wells. Synergia also announced it will relinquish its Camelot CCS licence.