Serinus Announces Moftinu 1001 Well Incident
December 18 2017 - 2:40AM
Serinus Energy Inc. (“
Serinus”,
“
SEN” or the “
Company”) (TSX:SEN)
(WARSAW:SEN), reports that at 1:49am CET on Monday December 18,
2017, during routine operation to prepare the Moftinu 1001 well for
future production, an unexpected gas release occurred and
subsequently ignited. The company was continuing the
process of bringing the well out of suspension in advance of
production. At the time of the incident the Blow-out
Preventer (“BOP”) was in the process of being attached to the well
head. The wellsite has been evacuated and secured and all Company
and contractor staff have been reported as safe with no
injuries. The Company’s well supervisor and drilling
contractor are now working to re-establish control of the well.
The Satu Mare County fire department responded
immediately and they are at the well site to ensure containment of
the fire. Officials from the town of Moftinu, Satu Mare
County, and the National Agency of Mineral Resources are also on
site. The cause of this incident is not currently known and the
Company's primary consideration is to safely and quickly bring the
gas well under control. The Company will provide ongoing
status updates to the market.
About SerinusSerinus 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 & StrategyTel.: +1-403-264-8877
cbrackman@serinusenergy.com |
Serinus Energy Inc.
Jeffrey AuldChief Executive OfficerTel.:
+1-403-264-8877 jauld@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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