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Serinus Energy Operational Update - more production, low costs, more cashflow (Interview)


11:10 am
Serinus Energy plc (LON:SENX) CEO Jeffrey Auld joins DirectorsTalk to discuss its latest operational update. Jeffrey explains what it means to of restructured the debt and to be debt free, changing the pace of growth for the Company, spudding the M1008 well and what it will do for the Moftinu field, ambitions for the Sancrai-1 field and the impact the ESP programme is expected to have in Tunisia.
Serinus Energy 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. ....

Jeffrey Auld , Serinus Energy , ஜெஃப்ரி ஆல்ட் ,

Operational Update, 22 Dec 2020 01:00 | Shares Magazine


Operational Update
Jersey, Channel Islands, 22 December 2020 Serinus Energy plc ( Serinus , or the Company ) (AIM:SENX, WSE:SEN) is pleased to provide an operational update.
Following the oversubscribed fundraise announced on 26 November 2020, in which the Company raised US$21 million, Serinus has retired all of its outstanding debt. 
As at 30 September 2020, average production was 2,415 boe/d and funds from operations for the period was $5.9 million, which combined with a low production expense of $8.96 / boe continues to support positive operating cashflow.  In conjunction with its debt-free balance sheet, the Company is now able to fully capitalise on a pipeline of identified, near-term opportunities within its existing portfolio of assets. ....

Chouech Es Saida , Romania General , Satu Mare , City Of , United Kingdom , Owen Roberts , Paul Shackleton Dan Gee , Andrew Fairclough , Billy Clegg , Jeffrey Auld , Katarzyna Terej , Toby Gibbs John , Calvin Brackman , National Agency For Mineral Resources , Shore Capital Stockbrokers Limited Joint Broker , Serinus Energy , Channel Islands , Moftinu Gas , National Agency , Mineral Resources , Satu Mare Concession , Moftinu Gas Plant , Ech Chouch , Chief Executive , Chief Financial , Vice President ,

Investegate |Serinus Energy PLC Announcements | Serinus Energy PLC: Voting Results from Extraordinary General Meeting


Translation
: This news release has been translated into Polish from the English original.
Forward-looking Statements
This release may contain forward-looking statements made as of the date of this announcement with respect to future activities that either are not or may not be historical facts. Although the Company believes that its expectations reflected in the forward-looking statements are reasonable as of the date hereof, any potential results suggested by such statements involve risk and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements.  Various factors that could impair or prevent the Company from completing the expected activities on its projects include that the Company s projects experience technical and mechanical problems, there are changes in product prices, failure to obtain regulatory approvals, the state of the national or international monetary, oi ....

City Of , United Kingdom , Owen Roberts , Paul Shackleton Dan Gee , Andrew Fairclough , Billy Clegg , Jeffrey Auld , Katarzyna Terej , Toby Gibbs John , Calvin Brackman , Shore Capital Stockbrokers Limited Joint Broker , Serinus Energy , Extraordinary General , Channel Islands , Extraordinary General Meeting , Relationship Agreement , Special Resolution , Proxy Statement , Allot Equity Securities , Chief Executive , Chief Financial , Vice President , External Relations , Nominated Adviser , Joint Broker , Dan Gee Summons ,