The Corporate Strategy of Serinus is focused on extracting value from the large land and resource positions that the Company currently holds in Tunisia and Romania. Projects that demonstrate attractive returns at relatively lower risk profiles will be tactically allocated capital. Our internal teams constantly review new opportunities where we can apply our competitive advantages gained from our existing portfolio.
- Moftinu Gas Development Project in Romania: This project includes the construction of a 15 mmcf/d gas processing plant that is expected to achieve first gas by early Q2 2019.
- Sabria Field Production Enhancement in Tunisia: Conduct well workovers that can increase production with minimal capital expenditure.
- Evaluate potential acquisition inside and, if competitive, outside our core operating areas.