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Oilex Ltd
(LSE:SYN)
Oilex Ltd (SYN) vs. iShares MSCI United Kingdom ETF (EWC)
Oilex Ltd Business Overview & Revenue Model
Oilex Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2023 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 144.63K | 146.27K | 1.30M | 638.46K | 141.44K | 0.00 |
| Gross Profit | -232.05K | -389.68K | -1.27M | -410.54K | -1.05M | -140.26K |
| EBITDA | -1.75M | -3.49M | -5.01M | -1.36M | -1.88M | -1.46M |
| Net Income | 2.50M | 4.99M | -5.38M | -2.80M | -2.06M | -614.35K |
Balance Sheet | ||||||
| Total Assets | 11.43M | 11.43M | 18.98M | 19.87M | 25.78M | 15.14M |
| Cash, Cash Equivalents and Short-Term Investments | 581.03K | 581.03K | 938.59K | 1.07M | 4.91M | 4.75M |
| Total Debt | 0.00 | 0.00 | 774.67K | 1.74M | 451.36K | -215.27K |
| Total Liabilities | 2.36M | 2.36M | 8.64M | 9.91M | 11.19M | 6.16M |
| Stockholders Equity | 9.06M | 9.06M | 10.34M | 9.96M | 14.58M | 8.98M |
Cash Flow | ||||||
| Free Cash Flow | -2.26M | -6.16M | -5.38M | -3.36M | -4.84M | -1.53M |
| Operating Cash Flow | -1.88M | -3.91M | -5.37M | -2.75M | -4.80M | -1.39M |
| Investing Cash Flow | 1.17M | 1.23M | -3.23K | -608.95K | -2.58M | 501.20K |
| Financing Cash Flow | 804.63K | 826.09K | 1.54M | 3.47M | 7.80M | 4.77M |
Oilex Ltd Technical Analysis
Oilex Ltd Peers Comparison
Oilex Ltd Corporate Events
Synergia Energy Ltd shareholders have approved the disposal of the company’s 50% working interest in the Cambay Production Sharing Contract (PSC) in India to Selan, while voting down a second resolution that would have led to delisting from AIM. The company will now proceed to execute the Sale and Purchase Agreement and submit a Deed of Assignment to the Indian government, with completion still contingent on regulatory approval and Selan providing an acceptable bank guarantee for deferred payments. Following the divestment, Synergia plans to refocus its strategy on advancing the UK Medway Hub Camelot CCS project with a new joint venture partner, progressing the Cambay Basin CCS scheme with Indian authorities, managing its exit from the Cambay PSC and related tax recoveries, exploring additional oil and gas development opportunities in India, and seeking to return capital to shareholders via a share buy-back, all while remaining listed on AIM and positioning itself as a more streamlined, value-focused energy player.
Synergia Energy Limited has provided an update on its Cambay PSC operations, including drilling and workover activities. The company is in the process of selling its 50% working interest in the Cambay PSC to Antelopus Selan Energy Limited and plans to cancel its admission to trading on AIM. This strategic move may impact the company’s market positioning and stakeholder interests.
Synergia Energy Ltd has announced the proposed sale of its 50% working interest in the Cambay PSC, India, to Selan Exploration Limited, subject to shareholder and government approvals. This decision comes as part of a strategic move to return capital to shareholders and address financial challenges, including the high costs associated with its AIM listing. The company also plans to cancel the admission of its shares to trading on AIM, citing cost reductions and regulatory burdens as primary reasons. These changes mark a significant shift in Synergia’s business operations and could impact its market positioning and stakeholder interests.
Synergia Energy Ltd, a company listed on the AIM market, announced the results of its Annual General Meeting, where all proposed resolutions were passed by shareholder vote. Additionally, the company reported a change in its Company Secretary position, with Luke Phillips stepping down and Allison Pacinotti taking over the role.
Synergia Energy Ltd has signed a Sale and Purchase Agreement to sell its 50% working interest in the Cambay PSC to Antelopus Selan Energy Limited for $14 million. This transaction marks a significant shift in Synergia’s business operations and requires approval from both the Government of India and the company’s shareholders. The sale is expected to impact the company’s market positioning and future operations, as it plans to seek the cancellation of trading its shares on AIM. Meanwhile, ongoing workover and drilling operations at Cambay continue, with updates on production levels and hydrocarbon presence expected in due course.
Synergia Energy Ltd has provided an update on its Cambay PSC operations in India. The company has completed workover operations on several wells, with the Cambay C-64 well producing an average of 30 bopd and preparations underway for the C-74 well to commence production. Drilling operations at the C-78 well have reached total depth, and the well is currently being logged. These developments indicate ongoing efforts to enhance production and operational efficiency, potentially impacting the company’s market position and stakeholder interests.
Synergia Energy Ltd has completed workover operations on its Cambay PSC wells in India, with the C-64 well now producing an average of 23 barrels of oil per day. The company is progressing with similar operations on the C-72 and C-74 wells, aiming to enhance production levels. Additionally, drilling operations have resumed on the C-78 well, marking continued development efforts in the region.
Synergia Energy Ltd, operating in the energy sector, has provided an update on its Cambay PSC operations in India, where it holds a 50% working interest. The company has completed the workover of the Cambay C-64 well, with the sucker rod pump now operational, and is in the process of cleaning up the well to assess its production potential. Additionally, the Aakash XIV 50T rig is being used for workover operations at the C-72 and C-74 wells, while the Kiri drilling rig has commenced drilling a new well at the C-78 location. These developments are part of Synergia’s ongoing efforts to enhance its operational capabilities and production output in the region.
Synergia Energy Ltd has announced that its Annual General Meeting (AGM) will be held on November 28, 2025, at Vigo Consulting in London. The company has provided details on how shareholders can participate and vote, either in person or by proxy, with all resolutions to be voted upon by poll. This meeting is significant for stakeholders as it includes the consideration of financial reports and the adoption of the Remuneration Report, which are crucial for the company’s governance and financial transparency.
Synergia Energy Ltd, operating in the energy sector, is focused on the Cambay PSC project in onshore India, where it holds a 50% working interest. The company has announced updates on its operations, including the near completion of workover operations at the Cambay C-64 wellsite and the ongoing mobilization of a drilling rig to the C-54 wellsite area. These developments are significant for Synergia’s operational progress and could impact its market positioning within the energy sector.
Synergia Energy Ltd has announced an update on its Cambay PSC in India, where Antelopus Selan Energy Limited is set to install a sucker rod pump at the Cambay C-64 wellsite. This development is part of Synergia’s ongoing efforts to improve operational efficiency and production output, which could strengthen its position in the energy market and benefit stakeholders through increased resource extraction capabilities.