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IN BRIEF: Serinus Energy ahead of exploration schedule in Romania

ALN

Serinus Energy PLC - Jersey-based upstream oil and gas exploration and production company - Says it is ahead of schedule with its exploration drilling programme in Satu Mare, Romania. Serinus plans to drill two wells near the Moftinu gas field and gas plant. The first well is expected to be drilled in late June or early July, it adds. Subject to the results of the first two wells, the company may drill a third to complete the programme.

Current stock price: 13.11 pence

12-month change: down 50%

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