Serinus Energy

Website: serinusenergy.com
Primary ticker: AIM:SENX
Stage of development: Exploration, Production
Project types: Oil – conventional onshore, Gas – conventional onshore
Project to promote: Romania Gas Production, Tunisia oil & Gas Production

Live financials

Serinus Energy plc is an international oil company incorporated in Jersey, Channel Islands. The focus of the Company is to enhance shareholder value by growing oil and gas production through the efficient allocation of capital.

Management Profile

Jeffrey Auld – CEO

Mr. Auld has been involved with the international oil and gas business for over 25 years. In that time he has managed companies and acted as an advisor to companies operating in the emerging markets oil and gas business. Mr. Auld has a depth of experience in corporate finance, mergers and acquisitions and strategic management.


Tracy Heck – CFO

Ms Heck is a financial professional with many years of experience in the international and domestic oil and gas industry. Her professional career started in the United Kingdom with KPMG, and continued in Canada where she eventually held the position of Associate Partner in KPMG Calgary’s audit practice. From October 2005 until joining Serinus as Director of Finance in June 2012, Ms Heck was the Controller for a domestic upstream oil and gas company with combined production of approximately 47,000 barrels of oil equivalent per day (“boe/d”). Since January 1, 2014 Ms Tracy Heck is the Executive Officer and Chief Financial Officer (“CFO”) in Serinus Energy plc.


What is your rationale for attending 121 Oil & Gas Investment?

Looking for Market Support

What recent news would you like to highlight to investors attending?

Start of Moftinu Gas Project in Romania in April 2019 is creating strong positive cash flow

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Bring Chouech Es Saida field in Tunisia back up to full production

6 Months:

Increase Romanian gas production through the drilling of the Moftinu – 1004 development well in order to fill the capacity of the Moftinu gas plant

12 Months:

Complete Romania 3D seismic program and drill into identified shallow gas targets; re-enter the N2 well in the Sabria filed Tunisia; potential to add artifical lift to existing Sabria production wells

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Commodity prices, taxation, regulatory.

In a sentence, what do you think makes your company such a compelling investment?

We have increased production by 600% over the last year with a large inventory of prospects over an extensive land base