Serinus Energy makes oil discovery in Romania

Serinus Energy has spudded a second exploration well in Romania.The Moftinu 1001 well has been drilled within the 765,000 acre exploration block known as Satu Mare Concession.Logs indicated a net pay of 17 metres at depths ranging from 730 to 900 metres.   The original planned total depth for Moftinu-1001 was 1,900 metres, intended to test the possibility of gas in pre Miocene (Eocene & Basement) structures, but ...

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