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Serinus Energy announces Brunei Block L exploration period officially extended


Published Aug 28, 2013
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Serinus Energy Inc.-2

Serinus Energy Inc. advises that the Brunei National Petroleum Company (PetroleumBRUNEI) has approved the Company's request for a 3 month extension of the Block L Production Sharing Agreement (PSA).

The new date for completing the Minimum Work Obligations for Phase 2 of the Exploration Period under the terms of the PSA is now set as 27 November 2013.

The Lukut Updip-1 (LKU-1) exploration well is currently drilling ahead at a measure depth of 2,070 metres. Planned total measured depth for the LKU-1 well is 2,960 metres.

Tags: Serinus Energy Inc.



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