Serinus Energy plc (LON:SENX) is the topic of conversation when DirectorsTalk caught up with Research Director at Arden Partners Daniel Slater.
- How would you view Serinus Energy’s progress to-date?
The company has made strong progress bringing Moftinu onstream and progressing additional work programmes, including subsequent drilling, preparations for its ESP installations in Tunisia and planning for a three-well exploration programme in Romania in H2 2022. This all represents operational delivery by Serinus.
- What is the upside potential for Serinus to go after across its platform?
Upside potential is varied, ranging from production enhancement operations in both Tunisia and Romania, to higher-risk exploration drilling in Romania. All of the company’s work programmes are aimed at adding resources and production to the portfolio.
- As Serinus grows its gas assets, do you see wider opportunities in Europe with the EU’s focus on securing more local supply?
Serinus already delivers important gas supplies into the Romanian market, and is well placed to help underpin security of supply, but also benefit from higher market prices. This increases the value of the company’s work programmes for shareholders.
Serinus Energy is an international oil company with operations in Romania and Tunisia. The focus of the Company is to enhance shareholder value by growing oil and gas production through the efficient allocation of capital.
Through their large and extensive land base, the Company has identified a significant future opportunity set that provides growth beyond its existing production and development projects.
