Serinus Energy PLC Moftinu Gas Production has Resumed (4554Q)

TIDMSENX

RNS Number : 4554Q

Serinus Energy PLC

21 October 2019

SERINUS ENERGY PLC

Moftinu Gas Production has Resumed

Jersey, Channel Islands, October 21, 2019 -- Serinus Energy plc ("Serinus", "SEN" or the "Company") (AIM:SENX, WSE:SEN) is pleased to provide an update on its operations in Romania.

The routine maintenance of the Moftinu Gas Plant has been completed ahead of schedule and under budget. Gas production and processing was restarted on 20 October 2019, one day earlier than originally estimated. The Company commends the Romanian team for the safe and efficient turnaround of the plant.

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) or contact the following:

 
 Serinus Energy plc 
  Jeffrey Auld, Chief Executive Officer 
  Calvin Brackman, Vice President, External 
  Relations & Strategy                                 [phone] 
 
 WH Ireland Limited 
  (Nominated Adviser and Joint Broker) 
  Katy Mitchell 
  Harry Ansell (Broker) 
  Lydia Zychowska                                  [phone] 
 
 Arden Partners plc 
  Paul Shackleton / Dan Gee-Summons (Corporate 
  Finance) 
  Fraser Marshall (Equity Sales)                  [phone] 
 
 
 Camarco 
  (Financial PR - London) 
  Billy Clegg 
  Owen Roberts                                    [phone] 
 
 TBT i Wspólnicy 
  (Financial PR - Warsaw) 
  Katarzyna Terej                                     [phone] 
 

Translation: This news release has been translated into Polish from the English original.

Forward-looking Statements This release may contain forward-looking statements made as of the date of this announcement with respect to future activities that either are not or may not be historical facts. Although the Company believes that its expectations reflected in the forward-looking statements are reasonable as of the date hereof, any potential results suggested by such statements involve risk and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Various factors that could impair or prevent the Company from completing the expected activities on its projects include that the Company's projects experience technical and mechanical problems, there are changes in product prices, failure to obtain regulatory approvals, the state of the national or international monetary, oil and gas, financial , political and economic markets in the jurisdictions where the Company operates and other risks not anticipated by the Company or disclosed in the Company's published material. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties and actual results may vary materially from those expressed in the forward-looking statement. The Company undertakes no obligation to revise or update any forward-looking statements in this announcement to reflect events or circumstances after the date of this announcement, unless required by law.

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.

END

DRLFFDFAAFUSEDS

(END) Dow Jones Newswires

October 21, 2019 02:00 ET (06:00 GMT)