Jeffrey Auld, chief executive of Serinus Energy PLC (LON:SENX), runs Proactive’s Andrew Scott through current operations and plans for development across their projects in Romania and Tunisia.
Auld says their latest Romanian well was drilled on time and below budget, gas deliveries are imminent and the company is in talks with a trading house, which will handle gas sales on its behalf.
Formerly listed on the Toronto exchange, Serinus floated in London last month, raising £10mln via a share placing.
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