Serinus Energy is pleased to announce that the Moftinu – 1007 well was spudded in Romania on the 20th of May 2018. The well is the re-drill of the Moftinu – 1001. The planned total depth of the well is 1,463 metres and the drilling to total depth is estimated to take approximately three to four weeks. The well is expected to penetrate four gas-bearing sand formations, three of which were present in the Moftinu – 1001 well. Upon the conclusion of the well drilling operations, the well will be completed, tested and made ready for production at the start-up of the Serinus Moftinu gas plant.

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