Serinus Energy PLC - oil company with operations in Romania and Tunisia - Says average output as at September 30 was 2,415 barrels of oil equivalent per day. Says drilling of Moftinu-1008 well, Romania going as expected with planned January spud. Planning to start drilling of Sancrai-1 well, seven kilometres south west of Moftinu, in the second quarter, with rig selection and tendering to commence in early 20201. In Tunisia, Serinus has started workovers and pump replacements at two of the four producing wells at Chouech Es Saida. It is planning the same at the EC-1 well in the Ech Chouch concession in January.
Current stock price: 2.71 pence, up 13% on Tuesday
Year-to-date change: down 69%
By Eric Cunha; ericcunha@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
Serinus Energy (SENX)