Winstar Satu Mare became Serinus Energy Romania: Great progress for the Moftinu Gas Development Project

It was a very exciting summer for our Company as we move from an exploration company towards being a gas producer in Romania. With this, the Company has also moved to rebrand its name to better reflect its connection to the Canadian parent company, Serinus Energy Inc.
I am therefore very pleased to announce that Winstar Satu Mare SA has officially changed its name to Serinus Energy Romania SA. This name change reflects the transformation the whole organization has made under the new management that was appointed last year and highlights the interest in growing our activities beyond our Satu Mare Concession. The name change now properly reflects the company’s focus on all of Romania, as the company focuses its investments in Romania in pursuit of growth.
I am very proud to be country manager of Serinus Energy Romania as it has evolved over the last year. The Company’s commitment to hiring Romanians to lead the activities in the country provides me with a great amount of pride.
Management understands the incredible abilities and expertise available in the Romanian oil and gas industry and the importance of building a strong team in the country.
We are also very pleased to use local companies as seen with our contracting of Confind as the EPCC contractor for the Moftinu Project, and having Comproiect 92 advise on the project design. We have developed tremendous working relationships with all our local contractors.
We have been making great progress on the construction of the Moftinu Gas Development Project. This progress has been the result of the tremendous dedication of the Romania and Calgary teams.

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