Serinus Tunisia Update
September 06 2017 - 9:00AM
Serinus Energy Inc. (“Serinus”, “SEN” or the “Company”) (TSX:SEN)
(WSE:SEN) provides an update on its operations in Tunisia. The
Company has initiated the restart of oil and gas production at the
Sabria field in Tunisia, having determined that production at its
oil fields can be restarted in a safe and secure environment with
sufficient comfort that there will be no further production
disruptions for the foreseeable future. For the Chouech Es Saida
field, the Company is evaluating the restart cost of the field
including the timing and costs to replace the electrical
submersible pump for the CS-3 Well. The Company will keep the
market apprised as to when it expects to bring the Chouech Es Saida
field back on production.
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
Inc.Calvin BrackmanVice President, External
Relations & Strategy Tel.:
+1-403-264-8877cbrackman@serinusenergy.com |
Serinus Energy Inc.
Jeffrey AuldChief Executive OfficerTel.:
+1-403-264-8877jauld@serinusenergy.com |
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.
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