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Serinus Energy reports positive flow testing at Romania gas well

StockMarketWire.com

Oil company Serinus Energy announced positive flow testing results for its Moftinu-1008 well in Romania.

The well flowed 4.0 million standard cubic feet per day on test, having being drilled to a depth of 1,000 metres.

The well had four gas-bearing sands that appeared on logs, with all perforated and completed.

Serinus had tested two of the sands separately and comingled.

The well was now awaiting tie-in as the flowline connecting in to the Moftinu gas plant had been completed and required final pressure testing.

At 9:23am: (LON:SENX) Serinus Energy Plc Ord Npv share price was 0p at 3.2p


Story provided by StockMarketWire.com