Member Info for Syste

People getting fed up,losing hope? Why is it so difficult to get funding for this project.

Personally I don't care he says nothing provided this year's drilling goes well. Talk of dividends now is nonsense. Moftinu production must be < 1000 bpd by now. Have to think at least one of the Tunisia wells have happened by now. Get things proved up this year and Serinus can be 100m MC in next couple of years. The era of cheap natural gas is over.

What's everyone's thoughts on whether they will RNS the outcome? To me a total failure would be market sensitive so surely have to report. Similarly if it was above expectations.

wowzers folks.

I have to admit being taken aback how quickly these well deplete. It seems by the time we've found another 'Moftinu', the old one has run out! I think the consolation is the Moftinu shows you have can have a run of 4 or so wells, once you get the first one online. They seemed quite upbeat on how accurate this sesimic processing could pinpoint the best locations. I just wish they would accelerate it. Seems like they're none the wiser with Sancrai.

Yes I was disappointed. Quite funny they tried to explain the question on the website had got 'lost' somehow. I have also had questions unanswered. A very strange attitude to company promotion, releasing news on a 'need to know' basis, rather than wanting to attract investors with good news? No timeline on Sabria pump, maybe mention it in Q2 results!...It's feeling more and more binary here. Get production back or near to 2020 levels, or else I just see the SP drifting or declining

Patience chaps. Research what this company is planning this year to raise production. Sounds like the rig will soon be mobilised in Tunisia.. As others have noted, this price environment is not going anywhere and is superb for Serinus.

Another decline on a RNS. The problem is the hints that investors have to wait a long time for a sale, which 1) goes against their promised strategy & 2) raises the spectre of yet another placing. No more excuses now. Al needs to sell one this year. Sick of placing after placing and jam tommorrow.

Is that really the MC in Poland? I know they have less shares in issue...They must really value O&G companies there if so. We know we'll have good results, but we need more working gas fields etc to justify a 100mill MC. Sancrai was a real blow, but hopefully it will be put right this year.

Sabria Pump Q1 let's hope it's on time. Without that the SP may tread water somewhat. With it, and they have confirmed the validity of the estimated major increased production in Tunisia through these artificial lifs.

Absolutely Ian, we are way undervalued.

Just to provide a bit of balance. Production has declined since Jan 21. I agree sp should be significantly higher. Sabria success would help convince investors that we can increase production because it is the first of a series of low-risk pumps.

O2B, what do you mean by 'a BOD comment'? I appreciate what you're tring to do, but I don't really see what they would RNS 'Serinus Energy is pleased by higher Oil and Gas prices' for example. Surely we just want stellar results and the Sabria pump installed ASAP? News of how Moftinu compression has gone will be contained in the results.

Shame the windfall tax in Romania is very punitive. Hope we hear from Sabria soon.

Thanks sn, so you don't think the analysis of the results takes much time?

When do folk think we'll hear back on the 2D seismic reprocessing?

Let's hope someone gets a response from Mark. The job vacancies at Enet and yesterday's RNS still keep me upbeat. The orders will be growing, and at a pace sometime soon.

They really better had something up their sleeve to justify this. This can't have been part of the plan as well as the placing at 35p.

Sad that this company is in such great shape but new investors get the chance to buy lower than LTH's. I hope no more of the usual (and much appreciated) posters have sold.

Guys, Romania is in Nato. Unless Russia wanted to declare war on US, I think we are ok.