Serinus Energy Resumes Production at Sabria Field in Tunisia

Canada-based Serinus Energy resumed production at the Sabria Field in Tunisia, after more than a month-long break due to local protests. 

‘The company is pleased to report that the CPF is operating and the wells have been restarted. Management expects that it will take several days for production rates to stabilize, but early indications are that the field will return to pre-shut-in levels’ reads a note released on Monday. 

According to Serinus Energy, the ‘orderly’ protests, which were not directed at the company, led several key players to discuss measures to develop the area around the field known as Governate of Kebeli.

“We are very pleased that production has re-started at Sabria, particularly since it was done with the involvement and cooperation of the government, ETAP, other operators in the area and local community representatives” Jock Graham, Executive Vice President and Chief Operating Officer of Serinus, commented referring to the Entreprise Tunisienne d’Activités Pétrolières (ETAP). 

Serinus, through its wholly owned subsidiary Winstar Tunisia B.V., holds a 45% working interest in Sabria and is the operator, with the remaining 55% held by ETAP. 

The Winstar-12bis (“WIN-12bis”) development well in central Tunisia, which was the first of a 2-well program in the Sabria Field, commenced drilling in July 2014. 

Over the last months, Algeria and Tunisia strengthened cooperation in the energy sector, in the upstream and in the downstream.