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Serinus Energy ( (GB:SENX) ) just unveiled an update.
Serinus Energy has successfully won a VAT litigation case against the Romanian tax authority, ANAF, securing the refund of RON 8.32 million (approximately US$1.73 million) and additional interest compensation of RON 3.61 million (approximately US$0.75 million). The Superior Court of Cassation and Justice of Romania ruled in favor of Serinus, recognizing the company’s full payment of costs under a joint venture agreement, despite a defaulted partner’s 40% share. This decision positively impacts Serinus by affirming its financial claims and ensuring its operational stability in Romania.
More about Serinus Energy
Serinus is an international upstream oil and gas exploration and production company that owns and operates projects in Tunisia and Romania.
YTD Price Performance: 13.64%
Average Trading Volume: 255,605
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £3.69M
For detailed information about SENX stock, go to TipRanks’ Stock Analysis page.