BRIEF-Serinus Energy says 2016 budget will be re-examined on an ongoing basis

Wed Jul 20, 2016 8:06am EDT
 
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July 20 (Reuters) - Serinus Energy Inc

* Says 2016 budget will be re-examined on an ongoing basis

* Average corporate production for Q2 was approximately 1,217 boe/d (sen wi), representing a 45% decrease from 2,213 boe/d in Q1

* Company's focus remains on reducing costs wherever possible while maintaining existing production in Tunisia

* Examining several alternatives for funding development activities in both Romania and Tunisia Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)