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Content:Pursuant to Article 62.8 of the Act of 29 July 2005on Public Offering [...] the Management of SERINUS ENERGY INC. ("Serinus" or the "Company") informs that in Canada via the SEDAR system it has published information that the Moftinu 1002bis exploration well has commenced drilling.
Moftinu-1002bis is located in the Satu Mare Concession ("Satu Mare") innorthwest Romania and is the second of a two well drilling program by the Company in that concession. Satu Mare is 60% owned and operated by Winstar Satu Mare SRL, a wholly-owned subsidiary of Serinus.
The planned total depth is 2,080 metres and the well is expected to take20 days to drill and is targeting Miocene and Pliocene aged sands at depths between 500 - 1,600 metres. It is on the opposite side of a bounding fault from the recently drilled Moftinu 1001 well, and will test a separate structural closure.
Both wells are following up on the Moftinu-1000 well drilled in 2012,which tested an aggregate of 1.6 million cubic feet per day from two zones. Moftinu-1000 was drilled prior to the acquisition of 3D seismic over the area, and is located down dip of both the Moftinu- 1001 and 1002bis wells. If successful, Moftinu-1002bis will be completed and tested during Q1 2015, immediately after testing Moftinu-1001.
This text contains selected excerpts from the original news release inEnglish, which has been filed by Company in Canada (country of its registered office ) by way of the SEDAR system and is available at the website www.sedar.com by entering the Company name at http://www.sedar.com/search/search_form_pc_en.htm.
The Polish translation of the entire text of the news release isavailable at the website: www.serinusenergy.com
More information on page: biznes.pap.pl
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Data publikacji | 10.12.2014, 13:02 |
Źródło informacji | ESPI |
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