CALGARY, ALBERTA--(Marketwired - April 2, 2015) - Serinus Energy Inc. ("Serinus", "SEN" or the "Company") (TSX:SEN) (WARSAW:SEN), is pleased to report that production testing on the Moftinu-1001 well has been completed and the maximum flow rate achieved was 7.4 MMcf/d through an 40/64 inch choke at a flowing wellhead pressure of 813 psi. Only trace amounts of water and 19 bbl/d of condensate were produced. The flow test [...]
CALGARY, ALBERTA--(Marketwired - March 18, 2015) - Serinus Energy Inc. (TSX:SEN)(WARSAW:SEN) ("Serinus", "SEN" or the "Company"), is pleased to report its financial and operating results for the year ended December 31, 2014. 2014 Highlights In 2014, Serinus achieved record average production (net to SEN WI) of 5,219 boe/d, compared to 4,081 boe/d in 2013, despite severe limitations on performing its planned capital [...]
CALGARY, ALBERTA--(Marketwired - March 18, 2015) - Serinus Energy Inc. ("Serinus", "SEN" or the "Company") (TSX:SEN)(WARSAW:SEN) is pleased to report the results of the year-end evaluation of its oil and gas reserves. The evaluation was prepared by RPS Energy Canada Ltd. ("RPS") in accordance with Canadian National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities, and includes the reserves in [...]
WARSZAWA, POLAND--(Marketwired - Feb 20, 2015) - Serinus Energy Inc. ("Serinus", "SEN" or the "Company") (TSX:SEN)(WARSAW:SEN) is pleased to announce that it has finalized a new 10 million Euro debt facility with the European Bank for Reconstruction and Development ("EBRD" or the "Bank"). The proceeds from this new facility (the "Romania Facility") will be used to fund the Company's capital program currently underway in [...]
CALGARY, ALBERTA--(Marketwired - Feb 9, 2015) - Serinus Energy Inc. ("Serinus", "SEN" or the "Company") (TSX:SEN)(WARSAW:SEN), is pleased to announce that its updated corporate presentation is now available on its website at www.serinusenergy.com in the Investor Centre. About Serinus Serinus is an international upstream oil and gas exploration and production company that owns and operates projects in Ukraine, Tunisia, and [...]
CALGARY, ALBERTA--(Marketwired - Jan 23, 2015) - Serinus Energy Inc. ("Serinus", "SEN" or the "Company") (TSX:SEN)(WARSAW:SEN) is pleased to provide the following update for its operations for the fourth quarter of 2014. Fourth Quarter Production and Realized Prices Average corporate production for the fourth quarter was approximately 5,409 boe/d (SEN WI), representing a 4% decrease from 5,640 boe/d in the third quarter [...]
CALGARY, ALBERTA--(Marketwired - Jan 15, 2015) - Serinus Energy Inc. ("Serinus", "SEN" or the "Company") (TSX:SEN)(WARSAW:SEN), is pleased to report preliminary results from the Moftinu-1002bis exploration well in Romania. Moftinu-1002bis is located in the Satu Mare Concession ("Satu Mare") in northwest Romania and is the second of a two well 2014 drilling program by the Company in that concession. It was spud in early [...]
CALGARY, ALBERTA--(Marketwired - Jan 7, 2015) - Serinus Energy Inc. (TSX:SEN)(WARSAW:SEN) ("Serinus", "SEN" or the "Company") is pleased to announce that the Makeevskoye-22 ("M-22") exploration well has reached its total depth of 3,629 metres, and has encountered gas in six zones. Two of those zones appear to be net pay, with the other four having resource potential. Casing has been run and cemented, and the operator [...]
CALGARY, ALBERTA--(Marketwired - Dec 16, 2014) - Serinus Energy Inc. ("Serinus", "SEN" or the "Company") (TSX:SEN)(WARSAW:SEN), is pleased to report an update on its drilling program in Sabria Field in central Tunisia. The Winstar-12bis well ("WIN-12bis") was tied into the flowline and commenced extended production on December 10, 2014. It is producing 41.5°API light oil and solution gas, consistent with the rest of the [...]
CALGARY, ALBERTA--(Marketwired - Dec 10, 2014) - Serinus Energy Inc. ("Serinus", "SEN" or the "Company") (TSX:SEN)(WARSAW:SEN), is pleased to report that the Moftinu-1002bis exploration well has commenced drilling. Moftinu-1002bis is located in the Satu Mare Concession ("Satu Mare") in northwest Romania and is the second of a two well drilling program by the Company in that concession. The planned total depth is 2,080 [...]
CALGARY, ALBERTA--(Marketwired - Dec 9, 2014) - Serinus Energy Inc. ("Serinus", "SEN" or the "Company") (TSX:SEN)(WARSAW:SEN), is pleased to report preliminary log results from the Moftinu-1001 exploration well in Romania. Serinus Energy Inc. operates in Romania through its wholly owned subsidiary Winstar Satu Mare SRL. The Moftinu 1001 well, has been drilled within the 765,000 acre exploration block known as the Satu [...]
CALGARY, ALBERTA--(Marketwired - Dec 4, 2014) - Serinus Energy Inc. ("Serinus", "SEN" or the "Company") (TSX:SEN)(WARSAW:SEN), comments on the potential impact of new decrees from the Ukrainian government and the National Bank of Ukraine. As reported in our press release of September 29, 2014, the Management Board of the National Bank of Ukraine (the "Bank") announced Resolution No. 591, which prohibited several types of [...]