Synergia Energy Ltd (SYN) NPV (DI)

Synergia Energy Ltd is an Australia-based company focused on gas production and carbon capture and storage (CCS) project development. The Company is focused on identifying natural gas assets with development potential and develop gas production from proven gas fields or exploration assets in proven gas producing basins. It is also focused on carbon-neutral gas production. Its operation in India is located in the Cambay Basin, covering approximately 161 square kilometers in Gujarat State. The Company's Medway Hub Carbon Capture and Storage (CCS) project comprises the transportation of carbon dioxide (CO2) emissions from coastal combined cycle gas turbines (CCGT) power stations and from continental European carbon hubs in liquid form by marine tanker to a Floating Injection, Storage and Offloading vessel (FISO) from which the CO2 would be injected into the Camelot depleted gas field and the overlying Bunter saline aquifer.