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Serinus Resumes Production After Work Stoppage

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Serinus Resumes Production After Work Stoppage

Serinus Energy Inc. has resumed production at the Chouech Es Saida field in Tunisia.

This field was initially shut-in on January 10, 2017, in anticipation of a three-day strike with production stoppage, as voted for by the Company's employees at the Winstar Chouech Es Saida facilities, which began at midnight January 11, 2017.

The labour action continued with a sit-in that persisted after the communicated work action, with the Company being unable to bring production back on line for safety and security reasons.

For the past two years, the Company has been engaged in ongoing dialogue with the Tunisia General Trade Union (UGTT) regarding the need for the Company to reduce operating costs at Chouech Es Saida due to the economic situation in the sector.

Through ongoing dialogue between…

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