The report by RPS Energy Canada placed thecompany’s proven plus probable reserves, as of 31 December last year, at 20.5million barrels of oil equivalent, up 119% from just under 9.4 million boe asof 31 December 2012.

Serinus said the main driver for thereserve increase was its acquisition of Winstar Resources last year which added11.5 million boe of proven plus probable reserves from its assets in Tunisia.

This