CALGARY, Alberta, Dec. 18, 2017 -- Serinus Energy Inc. , reports that at 1:49am CET on Monday December 18, 2017, during routine operation to prepare the Moftinu 1001 well for future production, an unexpected gas release occurred and subsequently ignited. The company was continuing the process of bringing the well out of suspension in advance of production. At the time of the incident the Blow-out Preventer was in the [...]
CALGARY, Alberta, Dec. 14, 2017 -- Serinus Energy Inc. , announces a correction to the previously released press release issued on December 4, 2017, and titled " Serinus Announces Competent Person's Report on Reserves." The December 31, 2016 values in the table "Net Present Value - After Tax, Using Forecast Prices" incorrectly had the values for the December 31, 2015 reserves report. Below is the corrected table. All [...]
CALGARY, Alberta, Dec. 04, 2017 -- Serinus Energy Inc. , announces the results of a competent person's report of its oil and gas Reserves as at September 30, 2017. The report was prepared by RPS Energy Canada Ltd. in accordance with the AIM Guidance Note for Mining, Oil and Gas Companies dated June 2009, and includes the Reserves in Serinus' properties in Tunisia and Romania. RPS also conducted a Contingent Resources [...]
CALGARY, Alberta, Nov. 09, 2017 -- Serinus Energy Inc. , is pleased to report its financial and operating results for the three months ended September 30, 2017. Q3 2017 Highlights Production in 2017 has been severely impacted due to labour issues and social unrest in Tunisia. The Chouech Es Saida field has been shut-in since February 28, 2017 initially due to labour issues. In addition, the Sabria field was shut-in from [...]
CALGARY, Alberta, Oct. 30, 2017 (GLOBE NEWSWIRE) -- Serinus Energy Inc. ("Serinus", "SEN" or the "Company") (TSX:SEN) (WARSAW:SEN) is pleased to announce that it has reached an agreement with the European Bank of Reconstruction and Development ("EBRD") to restructure the terms of the two debt facilities the Company has outstanding with the EBRD. The Company believes that this restructuring of the debt provides the [...]
CALGARY, Alberta, Sept. 28, 2017 (GLOBE NEWSWIRE) -- Serinus Energy Inc. ("Serinus", "SEN" or the "Company") (TSX:SEN) (WARSAW:SEN) is pleased to announce the appointment of Mr. James (Jim) Causgrove as an independent member of the board of directors. Mr. Causgrove is a professional engineer with over 40 years of experience in the oil & gas industry. His experience includes senior management roles in Chevron Canada [...]
CALGARY, Alberta, Sept. 12, 2017 (GLOBE NEWSWIRE) -- Serinus Energy Inc. (“Serinus”, “SEN” or the “Company”) (TSX:SEN) (WARSAW:SEN) is pleased to provide an update on its operations in Romania and in particular the current status of the construction of the Moftinu Gas Development Project (the “Project”). This Project is slated to bring on gas production from the gas [...]
Serinus Energy provides an update on its operations in Tunisia. The Company has initiated the restart of oil and gas production at the Sabria field in Tunisia, having determined that production at its oil fields can be restarted in a safe and secure environment with sufficient comfort that there will be no further production disruptions for the foreseeable future. For the Chouech Es Saida field, the Company is evaluating [...]
Serinus Energy provides an update on its operations in Tunisia. The Company has been informed by Entreprise Tunisienne D'Activites Petrolieres that the protests in the Kebili and Tataouine Governate regions have ended. This was further corroborated by news articles from Tunisia announcing the end of the protests. The continued protests in the southern region were over jobs and development that blocked all oil field [...]
CALGARY, Alberta, Aug. 10, 2017 (GLOBE NEWSWIRE) -- Serinus Energy Inc. (TSX:SEN) (WARSAW:SEN) ("Serinus", "SEN" or the "Company"), is pleased to report its financial and operating results for the three months ended June 30, 2017. Q2 2017 Highlights During Q2 2017, production from Tunisia averaged 329 boe/d, a decrease from 1,206 boe/d in Q2 2016. Lower production during 2017 was due to the shut-in of fields in Tunisia [...]
Serinus Energy provides an update on its operations in Tunisia. The Company's production at its Sabria and Chouech Es Saida fields in Tunisia continues to be temporarily shut-in due to continued social and labour unrest in the southern part of the country. The Sabria field has been shut-in since May 22nd and the Chouech Es Saida field further south has been shut-in since February 28th, 2017. The continued ...
CALGARY, Alberta, July 07, 2017 (GLOBE NEWSWIRE) -- Serinus Energy Inc. ("Serinus", "SEN" or the "Company") (TSX:SEN) (WARSAW:SEN) announces that Mr. Duncan Nightingale has resigned from the board of directors of the Company due to personal reasons. This resignation is effective immediately. The Company has initiated a search for a new director to replace Mr. Nightingale. About Serinus Serinus is an international upstream [...]