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Serinus Energy retires all outstanding debt Serinus Energy plc (LON:SENX, WSE:SEN) has provided an operational update. Following the oversubscribed fundraise announced on 26 November 2020, in which the Company raised US$21 million, Serinus has retired all of its outstanding debt.  As at 30 September 2020, average production was 2,415 boe/d and funds from operations for the period was $5.9 million, which combined with a low production expense of $8.96 / boe continues to support positive operating cashflow.  In conjunction with its debt-free balance sheet, the Company is now able to fully ca...

Operational Update Jersey, Channel Islands, 22 December 2020 -- Serinus Energy plc ("Serinus", or the "Company") (AIM:SENX, WSE:SEN) is pleased to provide an operational update. Following the oversubscribed fundraise announced on 26 November 2020, in which the Company raised US$21 million, Serinus has retired all of its outstanding debt.  As at 30 September 2020, average production was 2,415 boe/d and funds from operations for the period was $5.9 million, which combined with a low production expense of $8.96 / boe continues to support positive operating cashflow.  In conjunction with its...