Serinus Energy Share Discussion Threads

[researchcentre123] 17/4/2024 14:09

Advfn seem to be missing reporting RNS now. Anyone know a contact for them?

[griffin63] 16/4/2024 20:18

2% more for Xtellus.There will be a big squeeze at some point in proceedings.

[tnt99] 15/4/2024 20:57

Angola black gold must be coming in soon !!

[griffin63] 15/4/2024 13:36

Could be Xtellus and Hennigan going full on buy out.They already have around 20%,won't take much persuading to get this for 25 to 30 mill.
They had a lifting in March so that's coming in soon.

[sd88] 15/4/2024 11:06

That's the dream cowls. Woeful mismanagement

[cowls] 15/4/2024 10:57

Just another 25p and I'll be breakeven ?

[tomboyb] 15/4/2024 10:26

28% -

Oil -

[tnt99] 12/4/2024 09:27

Did they get the Angola gig?

[mick1909] 18/3/2024 07:05

Has this company got any debt?

[researchcentre123] 21/2/2024 09:33

I think it depends how activist they are. If they have a good plan, I'm sure they'll get shareholder support

[sd88] 20/2/2024 20:51

Xtellus now purchased over 10% of the company on the open market without moving the share price Something of worth now coming?

[daar] 28/1/2024 17:45

So we could be sitting on a multi-bagger.. 10x is very much on !!

[jonmcgloin1984] 28/1/2024 10:49

These unloved, sticky stocks are primed for fast and huge moves. Institutions holding c.40% of free float, 10% of the company trading over in WSE at 20X - well worth taking an early position here imo at these levels with turnaround news beginning to filter through.

[sheppie888] 28/1/2024 09:52

The very same stock on WSE main market was traded at GBX 64 on Friday, where its primary held by investment funds there. It is so much more indicative than AIM..

In early 2021, Warsaw Stock Exchange traded Serinus at GBX 352 while on AIM it now GBX 3.08!!!

Actual NAV was around GBX 70 without Angola

Not just the potential, but the actual valuation on the main market in Warsaw shows possible ROI here at 2000-3000% minimum

Who said that Bitcoin level returns will not repeat

[lawson27] 26/1/2024 13:28

Joined you for a few @2.9 for the recovery here, GLA

[patio58] 23/1/2024 08:06

Good news, sharp rebound in this tiny market cap well overdue.

[apotheki] 23/1/2024 07:42

Participation in Onshore Angola Licence Round

Serinus Energy plc (AIM:SENX, WSE:SEN) notes that it has been selected as a preferred bidder on the KON-13 block in the onshore Kwanza basin in the Republic of Angola. Formal notification of this preferred bidder status is expected to be received from the Agência Nacional De Petróleo, Gás E Biocombustíveis ("ANPG") in the coming days.

In November 2023, the Company submitted proposals to participate as operator on two blocks in the Kwanza basin onshore Angola. The Kwanza basin is a large proven hydrocarbon basin extending over 25,000 km2. The basin has existing oil discoveries dating back over seventy years. The Company was awarded preferred bidder status on one concession area, KON-13. The KON-13 block has an aerial extent of 1,011 km2 with one exploration well drilled in 1969 and 136 km of legacy 2D seismic.

The Kwanza basin is located both on and offshore in Angola. It extends from Luanda, located in the north, to Cape Santa Maria farther south. The Company sees this basin as an under-explored and under exploited basin. Activity in the basin was halted for the duration of the Angolan Civil War and the Company sees this basin as attractive for further exploration and development activities.

Serinus has been selected as the preferred operator of the KON-13 block with an allocated working interest of 55%. The selected non-operator partners for the Company are Effimax Energy (30% working interest), and Sonangol (Angola's national oil company with 15% working interest). The Company and its partners will engage with ANPG to negotiate the licence terms on the Block. These negotiations are expected to be carried out over the next several months.

The Company will provide further details regarding the licence terms in due course.

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 (www.serinusenergy.com)