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Serinus Energy PLC Ord NPV (SENX)

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26-Mar-2021 01:26 PM

Serinus Energy posts increased production in 2020; revenues largely flat

Oil and gas company Serinus Energy grew production in 2020 and generated revenues of $24 million, mainly from its business unit in Romania. It reported that production for the year averaged 2,340 boe/d, compared to 1,389 boe/d in 2019, comprising of 1,78
27-Nov-2020 08:15 AM

Serinus Energy raises $21m in share placing

Oil and gas company Serinus Energy has raised $21 million from a share placing, it announced this morning. The company issued nearly 788 million new shares at 2p each. Serinus said the proceeds of the placing would be used as part of a proposal to retir
13-Nov-2020 02:18 PM

Serinus Energy reports surge in revenue

Serinus Energy has reported a surge in revenue for the first nine months of 2020. The company said revenue rose 17% to $18.2 million, up from $15.5 million last year. Its Romanian operation saw revenue rise 31% to $12.8 million year-on-year. However, it
14-Aug-2020 08:00 AM

Serinus Energy losses deepen; postpones capital investment plans

Romania and Tunisia focused oil company Serinus Energy posted a deeper first-half loss and said it had postponed all capital investment plans due to the pandemic. Pre-tax losses for the six months through June amounted to $12.9m, compared to losses of $3
15-May-2020 07:46 AM

Serinus Energy posts first-half loss; postpones investments

Romania and Tunisia focused oil company Serinus Energy posted a first-half loss after rising revenue was offset by higher sales and financing costs. Pre-tax losses for the six months through March amounted to $1.59m, compared to losses of $1.98m on-year.
20-Mar-2020 09:09 AM

Serinus Energy postpones Romania seismic study due to Covid-19

Oil and gas company Serinus Energy said it had postponed giving an order for the mobilisation of heavy equipment required for a new seismic study in Romania, due to government measures to combat the Covid-19 pandemic. The company said its producing opera
23-Jan-2020 07:26 AM

Serinus Energy appoints CFO

Serinus Energy has appointed Andrew Fairclough as its Chief Financial Officer, with effect from February 5, 2020. Mr Fairclough has held corporate finance, capital markets and management roles for nearly 30 years, through which he has gained a wide rang
14-Nov-2019 08:30 AM

Serinus Energy generates $15m in gross revenue

Serinus Energy has generated $15.5m in gross revenue for the nine months to September 30. According to the group's third quarter results, $9.8mof the revenue was generated in Romania and $5.7min Tunisia. On September 13, the group made the final
14-Aug-2019 08:33 AM

Serinus Energy losses deepen as expenses offset rising revenue

Romania and Tunisia focused Serinus Energy reported a deeper first-half loss, as rising revenue was more than offset by higher production, depletion and administrative expenses. Pre-tax losses for the six months through June amounted to $3.6m, compared t
10-Aug-2018 07:30 AM

Serinus Energy warns of possible liquidation after recording another loss

Oil and gas explorer Serinus Energy posted another first-half loss and warned it could go into liquidation, as it was hurt by political unrest in Tunisia and project delays in Romania. The company said it was likely to breach its debt covenants and may a

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