Serinus Energy plc

Serinus Energy plc , announces that its wholly-owned subsidiary, Serinus Energy Canada Inc., has filed a suit against Aval Engineering Inc. of Alberta and Kocken Energy Systems Incorporated of Nova Scotia and certain of their directors and officers. The suit claims more than US$25.4 million in damages for chronic mismanagement as well as misappropriation of funding provided by Serinus which resulted in repeated failures [...]

Serinus Energy plc , announces, pursuant to market regulations in Poland , the schedule for the publication of quarterly reports by the Company in 2019. The timetable is as follows: Annual Report for 2018 – March 21, 2019 Report for 1st quarter of 2019 – May 16, 2019 Semi-annual report for the 1st half of 2019 – August 14, 2019 Report for 3rd quarter of 2019 – November 14, 2019 Moreover, pursuant [...]

Serinus Energy plc , announces that the Company has confirmed that the Low Temperature Separation unit and the Triethylene Glycol unit due for installation at its Moftinu gas plant in Romania have been loaded onto a freighter and have departed from Halifax, Canada, to Bremerhaven, Germany. Subject to weather in the Atlantic during shipment, the Units are expected to arrive in port approximately 6 to 10 days after [...]

Serinus Energy plc , announces that securities regulators for the provinces of Alberta and Ontario have issued a decision document granting Serinus exemptive relief from the disclosure requirements contained in National Instrument 51-101 – Standards of Disclosure for Oil and Gas Activities . The Decision was received following application by the Company for exemptive relief from NI 51-101 after its continuance from [...]

Serinus Energy plc , is pleased to announce that Serinus Energy Romania S.A. has signed a Gas Sales Agreement with Vitol Gas and Power BV for the quantities of its forthcoming gas production, which are not required to be sold on a centralised market, from the Moftinu Gas Project in Romania. The term of this agreement will be from the start of production until the end of the following gas year , with the option to extend [...]

Serinus Energy, announces that the Company’s Board of Directors have approved the granting of 6,203,000 stock options to senior executives and staff employees of the of the Company at a strike price of £0.1475 per share option. Certain persons discharging managerial responsibilities were recipients of stock option as detailed at the end of this announcement. Serinus is an international upstream oil and gas [...]

Serinus Energy plc announces that effective from 17 December 2018, its registered office will change to 28 Esplanade, St Helier, Jersey, JE1 8SB. About Serinus Serinus is an international upstream oil and gas exploration and production company that owns and operates projects in Tunisia and Romania. For further information, please refer to the Serinus website or contact the following: Serinus Energy plc +1-403-264-8877 [...]

Serinus Energy announces an update in respect of its Romanian Operations. As previously announced on 18 October, the Moftinu gas plant is complete and able to operate at pressure with sustained production, but is waiting for the installation of the Low Temperature Separation unit and the Triethylene Glycol unit . As also previously announced on the 18 October 2018, the Company had been provided with a timeline by its EPC [...]

Serinus Energy plc , announces that following the continuance of the Company to Jersey, Channel Islands and the admission of the Company’s shares to trading on the AIM market of the London Stock Exchange, the Company’s Board of Directors have approved the conversion of the strike price of the outstanding stock options of senior executives and staff from Canadian Dollars per share to Pound Sterling per share [...]

Serinus Energy plc , announces that the Company’s Board of Directors have appointed BDO LLP of London, United Kingdom, to be the financial auditors of the Company, effective for the December 31, 2018 financial reporting of annual results. About Serinus Serinus is an international upstream oil and gas exploration and production company that owns and operates projects in Tunisia and Romania. For further information [...]