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Serinus Energy PLC on the verge of commissioning gas plant in Romania

Jeffrey Auld, chief executive of Serinus Energy PLC (LON:SENX), runs Proactive's Andrew Scott through current operations and plans for development across their projects in Romania and Tunisia.

Auld says their latest Romanian well was drilled on time and below budget, gas deliveries are imminent and the company is in talks with a trading house, which will handle gas sales on its behalf.

Formerly listed on the Toronto exchange, Serinus floated in London last month, raising £10mln via a share placing.

Quick facts: Serinus Energy plc

Price: 6.5 GBX

AIM:SENX
Market: AIM
Market Cap: £15.53 m
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Serinus Energy Plc - Proactive Oil Capital Conference

Serinus Energy plc (LON:SENX) president and CEO Jeffrey Auld speaks to investors at the Proactive Oil Capital Conference in London. Serinus has operations in Romania and Tunisia. The firm says that through its large and extensive land base, they've identified a significant future...

on 16/9/19

2 min read