Serinus Energy Share Discussion Threads

[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)

[tanners] 10/1/2024 10:58

@Researchcentre123....why don't you pop over to the MPL thread and see the latest share price fall falling your moronic ramping?

[researchcentre123] 03/1/2024 11:31

They've taken their time recently. I'd do the same. I think if they want to be activist shareholders, they'll get our support. Currently there's a CEO who I get the impression isn't on site - although I may be wrong. But I would think success in this business requires very hands on and in situ + highly proactive.

[sd88] 03/1/2024 07:32

Xtellus have aquired over 8% of shares through the the open market without altering the share price

[hussyo] 29/11/2023 10:43

This is how a broker dealer scoops up shares without affecting the price.

[researchcentre123] 28/11/2023 20:03

Looks like xtellus have bought some more

[tomboyb] 27/11/2023 15:50

That is about it -

Nothing till next year by the sounds of it -

[researchcentre123] 27/11/2023 14:24

He did point out that cash is similar to mkt cap and overheads are being brought down. Downside is everything is taking time

[sd88] 27/11/2023 13:40

£13k spent during the presentation. I didn't think it was all that impressive. Assume xtellus increasing position

[tomboyb] 27/11/2023 10:19

looks like a long hold -

nothing really till 2024 -

[sd88] 27/11/2023 10:02

Results poor. Need something to turn the ship around - Xtellus

[tomboyb] 27/11/2023 09:47

Investor meet in 15mins -

Lets see what they have to say -

Will I look to buy more? -

Not really -

I'll wait to see what they have to say for future developments -

Poor management - !

[tomboyb] 23/11/2023 09:55

Presentation next week - (27th)

Around 15p of asset value here -

Investor Meet -

[researchcentre123] 14/11/2023 13:12

Looks like they can afford a few more shares! I guess they'll buy any position over time. But a bit wait for excitement to die down, but a bit more, maybe then put it some new management? Can't really guess who voted for the last lot......

[patio58] 10/11/2023 08:19

https://xtelluscapital.com

[patio58] 10/11/2023 07:57

Serinus Energy PLC Holding(s) in CompanySource: UK Regulatory (RNS & others)TIDMSENXRNS Number : 0025TSerinus Energy PLC10 November 2023TR-1: S tandard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) (i) 1a. Identity of the issuer or the Serinus Energy Plc underlying issuer of existing shares to which voting rights are attached (ii) : -------------------------------------------- 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) Non-UK issuer X ---- 2. Reason for the notification (please mark the appropriate box or boxes with an "X") An acquisition or disposal of voting rights X ---- An acquisition or disposal of financial instruments ---- An event changing the breakdown of voting rights ---- Other (please specify)(iii) : New issue ---- 3. Details of person subject to the notification obligation Name Xtellus Capital Partners INC City and country of registered office NY NY USA (if applicable) 4. Full name of shareholder(s) (if different from 3.) (v) Name -------------------------------------------- City and country of registered office (if applicable) -------------------------------------------- 5. Date on which the threshold was 11/9/23 crossed or reached (vi) : -------------------------------------------- 6. Date on which issuer notified (DD/MM/YYYY): 11/9/23 -------------------------------------------- 7. Total positions of person(s) subject to the notification obligation % of voting % of voting rights Total of both Total number rights attached through financial in % (8.A + of voting rights to shares (total instruments 8.B) of issuer (vii) of 8. A) (total of 8.B 1 + 8.B 2) ------------------ --------------------- -------------- -------------------- Resulting situation on the date on which threshold was crossed or reached 7.43% 0 7.43% 8,338,486 ------------------ --------------------- -------------- -------------------- Position of previous notification (if applicable) 5.47% 0 5.47% 6,138,487 ------------------ --------------------- -------------- -------------------- 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached (viii) A: Voting rights attached to shares Class/type of Number of voting rights % of voting rights shares (ix) ISIN code (if possible) Direct Indirect Direct Indirect (Art 9 of Directive (Art 10 of Directive (Art 9 of Directive (Art 10 of Directive 2004/109/EC) 2004/109/EC) 2004/109/EC) (DTR5.1) 2004/109/EC) (DTR5.1) (DTR5.2.1) (DTR5.2.1) -------------------------- JE00BNNMKT29 8,338,486 7.43% ---------------------- -------------------------- ------------------------- --------------------- SUBTOTAL 8. A 8,338,486 7.43% -------------------------------------------------- ------------------------------------------------ B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) Type of Expiration Exercise/ Number of voting % of voting financial date Conversion Period rights that may rights instrument (x) (xi) be acquired if the instrument is exercised/converted. ----------- ------------------------------ -------------------------------- --------------------- N/A ----------- ------------------------------ -------------------------------- --------------------- SUBTOTAL 8. B NA NA 1 ------------------------------ -------------------------------- --------------------- B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) Type of Expiration Exercise/ Physical Number of % of voting financial date (x) Conversion or cash voting rights rights instrument Period (xi) settlement (xii) ---------------- -------------------- -------------------- -------------------- N/A ----------- -------------------- -------------------- -------------------- SUBTOTAL NA NA 8.B.2 -------------------- -------------------- 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer (xiii) Full chain of controlled undertakings through which the voting rights X and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (xiv) (please add additional rows as necessary) Name (xv) % of voting rights % of voting rights Total of both if if it equals or through financial it equals or is is higher than the instruments if it higher than the notifiable threshold equals or is higher notifiable threshold than the notifiable threshold ---------------------- --------------------- ------------------------ Xtellus Partners LLC 0 0 0 ---------------------- --------------------- ------------------------ Xtellus Capital Partners Inc. 7.43% 0 7.43% ---------------------- --------------------- ------------------------ 10. In case of proxy voting, please identify: Name of the proxy holder ----------------------------------------------- The number and % of voting rights held ----------------------------------------------- The date until which the voting rights will be held ----------------------------------------------- 11. Additional information (xvi) Place of completion London AIM Date of completion 9 November 2023 ---------------- This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.ENDHOLEAXFNEFEDFFA(END) Dow Jones NewswiresNovember 10, 2023 02:00 ET (07:00 GMT)

[sd88] 08/11/2023 13:10

Another 1m today at 3.4

[griffin63] 06/11/2023 21:45

Not bothered who it is but hopefully they can get enough to vote this shower of shiet out.
If it is Hennigan behind it all it looks like he can hide behind the Fund that's buying this up in chunks.
I would love it to be a buy out but can we be that lucky after all the bad luck/incompetence we have endured.
The thing that would give lift off,imo,is renewal of that licence in Tunisia.

[researchcentre123] 06/11/2023 18:29

Yup it's the management team he's after......

[sheppie888] 06/11/2023 16:56

First-hand info - Warren Buffet is buying Serinus!

[sd88] 06/11/2023 08:34

My problem too Cowls. Not giving them a penny more as this has been a dog for 3+ years

[cowls] 06/11/2023 08:13

Add another 20p and I'll be breakeven:(

[tomboyb] 06/11/2023 08:03

Looks like the 1.25million buy was from US investors now up to 5.47% -