Serinus Energy (GB:SENX) has released an update.
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Serinus Energy reported its Q3 2024 financial results, revealing a slight decrease in revenue to $12.2 million compared to the previous year, but an increase in funds from operations to $1.9 million. The company continues to focus on its operations in Tunisia and Romania, with stable production and successful cost-saving measures in pump replacements. Serinus is also exploring growth opportunities in its Satu Mare Concession in Romania, highlighting its commitment to enhancing production capabilities.
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