The results are in line with our expectations and previous indications. The outlook has not changed with the Company preserving cash with new wells being economical in Tunisia at an oil price in the mid US$40s. In Romania, the Company continues to consider taking a partner.
13 May 2016
1Q16 RESULTS
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1Q16 RESULTS
Serinus Energy plc (SENX:LON) | 3.0 0 0.0% | Mkt Cap: 3.38m
- Published:
13 May 2016 -
Author:
Stephane Foucaud -
Pages:
2
The results are in line with our expectations and previous indications. The outlook has not changed with the Company preserving cash with new wells being economical in Tunisia at an oil price in the mid US$40s. In Romania, the Company continues to consider taking a partner.