Serinus Energy Inc. announce that its indirect wholly-owned subsidiary, Winstar Tunisia B.V. (Winstar Tunisia), has signed a drilling contract with Pergemine Tunisie S.A.R.L (Pergemine) a subsidiary of Pergemine S.p.A., a drilling company based in Parma, Italy, for the use of a 2,000 horsepower IDECO-E2100 drilling rig for the Company's 2014 drilling campaign at the Sabria Field. The spud date of the first well, Winstar-12bis, is anticipated in late May 2014.
The Sabria Field, located in west-central Tunisia, is a mixed structural-stratigraphic feature north of the regional Telemzane arch in the prolific Ghadames Basin of central Tunisia and is east-west trending.
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Serinus Energy Inc.
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