Serinus Energy’s Moftinu-1008 well spudded

Serinus Energy plc (LON:SENX) has announced that the Moftinu-1008 well was spudded in Romania on 16 January 2021.  

Moftinu-1008 is planned to be drilled to a total depth of 1,000 metres and is expected to penetrate five gas-bearing sand formations, three of which are producing zones of the Moftinu-1007 well.  Moftinu-1008 is located approximately 1.4 kilometres to the northeast of the Moftinu Gas Plant and if drilling is successful, the well will be completed, tested and brought on-production through a flowline connection to the Moftinu Gas Plant.

The Company and its contractors have worked diligently to ensure that proper protocols are in place to deal with the uncertainty regarding the COVID-19 pandemic and Serinus remains confident the well can be drilled while maintaining safe protocols for all employees and contractors during the drilling programme.

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