Serinus Energy Commences Drilling of the Moftinu Nord-1 Exploration Well

Source: www.gulfoilandgas.com 9/20/2022, Location: Europe

Serinus Energy has announced that the drilling of the Moftinu Nord-1 exploration well in Romania commenced on 19 September 2022.

The Moftinu Nord-1 well will be drilled to a depth of 1,000 metres, targeting four prospective hydrocarbon zones. The Moftinu Nord prospect is located on the northern flank of the Carei Basin, approx. 5 kms to the northwest of the Company's Moftinu Gas Plant. The Moftinu Nord-1 exploration well is seeking to discover further hydrocarbons on the migration path from the Carei Basin source kitchen, testing a different structure type than the recently completed Canar-1 exploration well. With success, production from this well will be connected to the Moftinu Gas Plant, utilizing existing plant capacity.


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