Serinus Energy Share Discussion Threads

[makingcash3] 29/9/2022 10:52

U willAllBe spiked

[daar] 29/9/2022 09:50

Gas leak anyone :p

[the chairman elect] 29/9/2022 09:44

SHARE PRICE UP BY NEARLY 22% so yes most probably sh*te as you aka a TROLL post above!

[honestmarty] 29/9/2022 09:31

I wonder have they found gas?

Most likely low flow, high rate of decline well.

Will only delay the crisis.

[monis] 29/9/2022 08:42

A few buys today, interesting.

[1i1i1i] 29/9/2022 08:41

Moving on Up!

[badger60] 23/9/2022 08:47

Sub 9pps coming very shortly......Auld will guarantee it!

[dandadandan] 21/9/2022 09:02

CoS could be just 30%.
Too big a risk to take for a last roll of the dice.

Just get some movement in Tunisia. The forgotten 'meal ticket'.

DDDD

[thetoonarmy2] 20/9/2022 09:39

Dougie is this the SENX last throw of the dice drill we need to get rid of Auld he is just a drain on resources

[honestmarty] 20/9/2022 07:09

Poor risk profile here.

Shallow drill, even if successful, the well will be low flow and have a high depletion rate.

Yes, an early bounce on a positive well could see this up 50 to 100%, but with an unknown chance of success(CoS == 60%?) on the well, the maths aren't very attractive.

Interesting to watch , but no longer for me.

[the chairman elect] 20/9/2022 06:33

Serinus Energy plc ("Serinus" or the "Company") (AIM:SENX, WSE:SEN), is pleased to announce that the drilling of the Moftinu Nord-1 exploration well in Romania commenced on 19 September 2022.

The Moftinu Nord-1 well will be drilled to a depth of 1,000 metres, targeting four prospective hydrocarbon zones. The Moftinu Nord prospect is located on the northern flank of the Carei Basin, approximately five kilometres to the northwest of the Company's Moftinu Gas Plant. The Moftinu Nord-1 exploration well is seeking to discover further hydrocarbons on the migration path from the Carei Basin source kitchen, testing a different structure type than the recently completed Canar-1 exploration well. With success, production from this well will be connected to the Moftinu Gas Plant, utilizing existing plant capacity.

[badger60] 19/9/2022 07:46

....and..?????

[thetoonarmy2] 15/9/2022 10:15

Shore cap done a report on SENX log on and register no problem downloading it then but not to copy across bb?

[badger60] 14/9/2022 08:06

I don't think that SENX have enough reserves in one location, if at all, to justify the development costs. As long as there's enough coming in on existing production to pay for Auld and his crew......that's about as good as it's going to get.

[bbm_144] 14/9/2022 07:17

Maybe Auld & co should get their wallets out & buy some shares

[bbm_144] 13/9/2022 15:33

Getting rather shambolic. Board have no urgency or proactivity. Time for changes at the top ?

[tnt99] 09/9/2022 07:14

Share consolidation a great success NOT currently way undervalued so should double at least from here

[ddonaldson2] 09/9/2022 06:44

Thought they would have started drilling this week, its only up the road... these useless deadwood need to go

[bbm_144] 08/9/2022 13:20

Like a grave yard here..............

[dandadandan] 03/9/2022 09:01

Waiting for the next Arden report.
We might even get a Auld interview.

Looks like things need to change on that rig team.

Time for the COO to pay a site visit and report.

Fortunate to have next two drills fully funded and no debt. But BoD need to do some work in Romania and do not forget still waiting for Tunisia to pump up more.

DDDD .

[bbm_144] 02/9/2022 15:32

Must be time for Auld to go, surely he has failed to achieve every target / KPI that has been set?

[honestmarty] 02/9/2022 09:57

Last investor phone in,
Somebody pointed out that Directors had extracted entire current Mcap over recent years, whilst shareholders, who own the company, have seen no dividends and watched their capital plummet.

There are much better investments out there.

[sga64] 02/9/2022 09:07

Problem is that will cost more to remove JA than company can afford . His remuneration is staggering when consider market cap of a "corner shop " Shameless draining of shareholder funds.

[trader4ever] 02/9/2022 08:43

This is an extremely mismanaged company run by extremely incompetent management. JA has to be removed after all these consistent failures. why is he still getting paid despite of delivering nothing for share holders.