Serinus Energy plc recently released an operational update, reporting on the progress of the company’s various work programmes on its assets in Romania and Tunisia.
Daniel Slater, Analyst at Arden Partners noted that all of the work programs have made progress. These include ongoing well workovers in Tunisia, production drilling on Moftinu in Romania to begin in January, and planning for exploration drilling at Sancrai in Romania and installation of ESPs on Sabria in Tunisia as we move through 2021. These are all aimed at supporting and growing company production and cash flows.
Serinus Energy plc (LON:SENX) is an international oil company with operations in Romania and Tunisia. The focus of the Company is to enhance shareholder value by growing oil and gas production through the efficient allocation of capital.