Serinus Energy Inc. (TSX:SEN)(WARSAW:SEN), an international upstream oil and gas exploration and production company, announces that Mr Paul Rose CA, Serinus' Chief Financial Officer ("CFO") has advised the Company of his intention to retire effective January 2014, after thirty five years in the industry including 7 years with Serinus. Paul will continue his relationship with Serinus in a consulting role to assist as required.<br /><br />Mr Rose stated: "My time with Serinus has been the most professionally rewarding experience of my career, and has culminated in a company with, at this point, in excess of 5,000 BOE's per day of high-value production, and a diversified portfolio of future prospects. I've had the great pleasure over the last seven years of working with a professional and dedicated group of people at Serinus who together have built a successful and profitable mid-cap international exploration and production company. The Company will be in good hands with Ms Heck joining an experienced and able senior management group."<br /><br />Serinus announce the appointment of Ms Tracy Heck CA as the Company's new Chief Financial Officer effective as of January 1, 2014. Ms Heck is an accomplished and experienced financial professional with many years of experience in the international and domestic oil and gas industry. Her professional career started in the United Kingdom with KPMG, and continued in Canada where she eventually held the position of Associate Partner in KPMG Calgary's audit practice. From October 2005 until joining Serinus as Director of Finance in June 2012, Ms Heck was the Controller for a domestic upstream oil and gas company with combined production of approximately 47,000 barrels of oil equivalent per day ("boe/d").<br /><br />Tim Elliott, President & Chief Executive Officer of the Company says "while we were surprised by Paul's decision to retire, we are happy that Paul will continue to work with us going forward, albeit in a different capacity. Paul recruited Tracy a year and half ago and she quickly made her mark on the Company. It was the view of both Paul and the senior management that Tracy would be an excellent replacement and we wholeheartedly supported Paul's recommendation that Tracy become our new CFO, and indeed were very happy to have been able to recruit his replacement from within the Company. Lastly, I would like to take this opportunity to thank Paul for his contribution to the success of the company. When Paul joined the company nearly 7 years ago, we had a few employees and our business was at that time a dream with no production. We are quite a different company today and that is certainly partly due to Paul's efforts."