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Serinus Energy Inc (SEN.TO)

SEN.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Serinus announces Q1 net oil and gas revenue $2.6 million
Thursday, 11 May 2017 06:10pm EDT 

May 11 (Reuters) - Serinus Energy Inc :Serinus announces Q1 2017 financial and operating results.During Q1 2017, production averaged 698 boe/d, down from 1,154 boe/d during 2016, a decline of 40%.Qtrly FFO per share $0.00.Production is projected to be approximately 620 boe/d for Q2 of 2017.Qtrly net oil and gas revenue (net of royalties) $2.6 million versus $3.4 million last year.  Full Article

Serinus Energy reports signing of contract with EPCC contractor
Tuesday, 9 May 2017 09:00am EDT 

May 9 (Reuters) - Serinus Energy Inc ::Serinus Energy announces signing of contract with epcc contractor for the moftinu gas development project.Serinus Energy Inc- construction will commence imminently with expected first gas production in q1 of 2018..Serinus Energy Inc - contract will be filed on SEDAR as a material contract.  Full Article

Serinus Energy Inc says Chouech Es Saida field in Tunisia temporarily shut-in
Tuesday, 28 Feb 2017 09:00am EST 

Serinus Energy Inc : Serinus Energy Inc says Chouech Es Saida field in Tunisia temporarily shut-in . Serinus Energy says shut-in is due to another announced strike notice issued by Tunisia General Trade Union representing workers at Chouech Es Saida field . Serinus Energy says current strike notice calls for 5-day strike in response to laying off 14 of 52 Chouech Es Saida employees for economic redundancy reasons . Serinus Energy Inc says UGTT has also initiated an illegal sit-in at field beginning on February 27, 2017 . Serinus Energy Inc says due to illegal sit-in, proposed strike with production stoppage, co initiated to shut-in production for safety, security reasons . Serinus Energy says decision to not bring production back online until it has satisfactory resolution of economic redundancy issue . Serinus Energy Inc says will continue to engage in dialogue with UGTT and Government of Tunisia regarding economic redundancy process .Serinus Energy says in process of shutting in production, co will prepare for orderly, safe mobilization of all employees out of Chouech Es Saida facilities.  Full Article

Serinus Energy Inc says has resumed production at Chouech Es Saida Field in Tunisia
Wednesday, 1 Feb 2017 05:00pm EST 

Serinus Energy Inc : Serinus Energy Inc says has resumed production at Chouech Es Saida Field in Tunisia . Serinus Energy Inc says field was initially shut-in on January 10, 2017, in anticipation of a three-day strike with production stoppage . Serinus Energy Inc says company has procured a replacement electrical submersible pump for CS-3 well .Serinus Energy Inc says anticipates that pump will be delivered to company by mid-February 2017.  Full Article

Serinus Energy announces final approval of Satu Mare extension
Monday, 31 Oct 2016 09:33am EDT 

Serinus Energy Inc : Serinus energy - final approval of satu mare extension .Serinus energy -national agency for mineral resources granted final approval for phase 3 extension addendum for satu mare license in northwest romania.  Full Article

Serinus Energy says CEO Timothy Elliott to retire
Wednesday, 31 Aug 2016 05:30pm EDT 

Serinus Energy Inc : Timothy Elliott, president and CEO, and Jock Graham, executive vice president and chief operations officer are retiring effective August 31 .Jeffrey Auld has been appointed as new chief executive office effective August 31, 2016.  Full Article

Serinus Energy Inc says 2016 budget will be Re- Examined on ongoing basis
Thursday, 11 Aug 2016 06:15pm EDT 

Serinus Energy Inc : Serinus Q2 2016 financial and operating results . Production from company's continuing operations in Q2 was 1,206 BOE/d, unchanged versus. 1,206 BOE/d in Q2 2015 . Qtrly FFO loss per share $0.01 . Serinus Q2 2016 financial and operating results . Serinus Energy Inc says "company's focus remains on reducing costs wherever possible while maintaining existing production in tunisia" . Company is examining several alternatives for funding development activities in both Romania and Tunisia .Says 2016 Budget Will Be Re-Examined on ongoing basis.  Full Article

Serinus energy Q1 FFO per share $0.03
Thursday, 12 May 2016 06:15pm EDT 

Serinus Energy Inc : Qtrly reported FFO per share $0.03 . Serinus Q1 2016 financial and operating results . Serinus energy inc says production for Q1 2016 averaged 2,213 boe/d, down 44% and 50% versus. Q4 2015 and Q1 2015 respectively .Qtrly loss per share $0.45.  Full Article

Serinus Energy Inc announces agreement to sell its interests in Ukraine
Wednesday, 23 Dec 2015 12:00pm EST 

Serinus Energy Inc:Says has entered into an agreement for the sale of all of the 70% of the outstanding shares of KUB-Gas Holdings Limited ("KHL") currently owned by Serinus.Says KHL in turn, owns 100% of the shares of KUB-Gas LLC.Says KUB-Gas (directly and indirectly through its subsidiary, KUB-Gas Borova LLC) owns 100% of and operates the six licences/permits in Ukraine.  Full Article

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