Serinus Energy announced on January 18 that the Moftinu–1008 well was spudded in Romania on 16 Jan. Moftinu-1008 is planned to be drilled to a total depth of 1,000 meters and is expected to penetrate five gas-bearing sand formations, three of which are producing zones of the Moftinu–1007 well. Moftinu-1008 is located approximately 1.4 kilometers to the northeast of the Moftinu Gas Plant and if drilling is successful, the well will be completed, tested and brought on-production through a flow line connection to the Moftinu Gas Plant. (Photo quoted from Serinus’s official website)

The Company and its contractors have worked diligently to ensure that proper protocols are in place to deal with the uncertainty regarding the COVID-19 pandemic and Serinus remains confident the well can be drilled while maintaining safe protocols for all employees and contractors during the drilling program. Competent Persons Statement in accordance with the AIM Rules for Companies, the technical information contained in this announcement has been reviewed and approved by Andrew O’Donovan, Chief Operating Officer (COO) of Serinus Energy.

(IRuniverse)

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