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Serinus Energy PLC Board/Management Information 2021

Aug 23, 2021

5809_rns_2021-08-23_2beb01f7-77ac-4aef-a8cd-88308c5dda0b.pdf

Board/Management Information

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23 August 2021

Press Release

Appointment of Chief Operating Officer

Jersey, Channel Islands, 23 August 2021 -- Serinus Energy plc ("Serinus", "SEN" or the "Company") (AIM:SENX, WSE:SEN), is pleased to announce the appointment of Mr. Stuart Morrison as Chief Operating Officer of the Company.

Mr. Morrison has over 34 years of oil and gas industry operational experience in numerous senior management roles. Early in his career he worked as a Petroleum and Reservoir Engineer with BP Research, British Gas, Sun Oil and Oryx Energy UK prior to joining Premier Oil in 1997. At Premier, Mr. Morrison assumed a variety of technical and management positions such as Chief Petroleum Engineer, Business Development Manager and Exploration Manager in corporate roles and business units such as the Middle East and Falkland Islands. In these roles, Mr. Morrison has accumulated an abundance of experience in oil and gas exploration and development, including leading many successful projects. Mr. Morrison has a Bachelor of Science (First Class Honours) Degree in Chemical Engineering and a Master of Engineering Degree in Petroleum Engineering, both from Heriot-Watt University, Edinburgh.

The Board of Directors and the Management of the Company are very pleased to welcome Mr. Morrison to the Serinus team and believe that his wealth of knowledge and experience will significantly contribute to the success and growth of the Company going forward.

About Serinus

Serinus is an international upstream oil and gas exploration and production company that owns and operates projects in Tunisia and Romania.

For further information, please refer to the Serinus website (www.serinusenergy.com) or contact the following:

Serinus Energy plc
Jeffrey Auld, Chief Executive Officer
Andrew Fairclough, Chief Financial Officer
Calvin Brackman, Vice President, External Relations & Strategy
+44 204 541 7859
Arden Partners plc (Nominated Adviser & Joint Broker)
Paul Shackleton (Corporate Finance)
Tim Dainton (Equity Sales)
+44 207 614 5900
Shore Capital Stockbrokers Limited (Joint Broker)
Toby Gibbs / John More (Corporate Advisory)
Jerry Keen (Corporate Broking)
+44 207 408 4090
Camarco (Financial PR - London)
Owen Roberts
+44 203 781 8334

Phoebe Pugh TBT i Wspólnicy (Financial PR - Warsaw) Katarzyna Terej

Forward Looking Statement Disclaimer

This release may contain forward-looking statements made as of the date of this announcement with respect to future activities that either are not or may not be historical facts. Although the Company believes that its expectations reflected in the forwardlooking statements are reasonable as of the date hereof, any potential results suggested by such statements involve risk and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Various factors that could impair or prevent the Company from completing the expected activities on its projects include that the Company's projects experience technical and mechanical problems, there are changes in product prices, failure to obtain regulatory approvals, the state of the national or international monetary, oil and gas, financial , political and economic markets in the jurisdictions where the Company operates and other risks not anticipated by the Company or disclosed in the Company's published material. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties, and actual results may vary materially from those expressed in the forward-looking statement. The Company undertakes no obligation to revise or update any forward-looking statements in this announcement to reflect events or circumstances after the date of this announcement, unless required by law.

Translation: This news release has been translated into Polish from the English original.

+48 602 214 353