synenergyinc

Energy Outlook

1986

DTI Financial came into existence.

2015

The Energy division Syn was established in response to India’s increasing demand for more affordable and efficient energy solutions.

2016

I had a meeting with the President of Equatorial Guinea and officials from the Ministry of Mines to talk about how Syn could contribute to the country’s development efforts.

2016

We’ve started discussions about potentially developing the EG-01 block. The rights to develop this oil block have been granted to Syn and its partners.

2016

We’ve finished going through our internal geological audit of the seismic data we already have.

2016

We finished up all the necessary business for the opportunity in Equatorial Guinea.

2016

A test hole has been drilled, and according to the lab report from Schlumberger, it shows that there’s commercially viable dry methane gas present, which matches what’s been found in nearby wells.

2016

We inked a deal with Ramoworld India to grow our sales team for Syn in India.

2017

We’ve begun the journey of identifying and narrowing down the best investment opportunities for developing the EG 01 block in Equatorial Guinea.

2017

Created a structured sales strategy for the Indian market, prioritizing the identification and sale of Liquefied Natural Gas (LNG) to major Indian companies and local power plants.

2018

We successfully secured a $60 million investment in the first round of funding to support the development of the EG 01 block in Equatorial Guinea.

2018

We’ve established official sales agreements with a number of prominent Indian companies and power plants to provide them with LNG.

2018

You’ve been invited to meet with key people in India’s LNG market to collaborate on strategizing and supporting the growth of LNG infrastructure in the country.

2018

We’ve just finalized a contract with the company currently holding the concession rights. We’re set to begin drilling and extracting oil from a significant offshore block in the Middle East.

2018

I worked on creating and finalizing an agreement with a well-established drilling company. They’ve got a wealth of experience, having drilled over 7,000 wells for exploration and production in the Middle East Block.

Timeline – Forward Looking

Typical LNG Specifications

Parameter

Value

Nitrogen

0.19%

Methane (CH4)

More than 91%

C2H6

6.65%

C3H8

2.3%

i-C4H10

0.41%

Total

100%

HHV Gas Btu/SCF

1115.6

WOBBE Index

1412.6

GPM C2+

2.72

According to Sinopec's specifications, methane content exceeds 90%.