Serinus Energy Ord Shs SNUYD

Primary Symbol: SNUYF

Energy Oil & Gas E&P

Serinus Energy PLC is an international oil company. The Company is engaged in the exploration and development of oil and gas properties in Tunisia and Romania. Its Satu Mare Concession is one of the exploration blocks in Romania, lying on a prolific oil and gas trend in the Eastern Pannonian Basin. It holds three Tunisia concessions that comprise a diverse portfolio of development and exploration assets. Its three Tunisia concessions include Sabria, Chouech Es Saida and Ech Chouech. The Company holds 45% working interest in Sabria concession, which covers over 26,195 gross acres. The Sabria concession comprises a large Ordovician light oil field. It holds 100% working interest in Chouech Es Saida concession, which covers approximately 52,480 acres. The concession produced approximately 9.8 million barrels-of-oil-equivalent. It holds a 100% working interest in Ech Chouech concession, which covers over 33,920 acres. The concession has produced oil intermittently from the TAGI Formation.

OTCPK:SNUYF - Post by User

Serinus Energy Ord Shs

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Comment by Scotch12on Nov 19, 2013 8:01pm

121 Views

Post# 21921228

RE:Insider Overview :: Serinus Energy Inc. (T:SEN)

That is more than 2 million options granted to management. That seems very excessive to me. How does it explain the share price? It just seems like management excessively rewarding itself at the expense of shareholders (diluting the value of our shares).

It is useful to look at the Polish share price as that market appears to be driving the share price. Here is a link showing the two charts. One can see that there is substantially more shares being traded in Poland.

https://investor.serinusenergy.com/en/ir/inwestor-relations/stock-quotes

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