Serica Energy revenue, earnings fall in full-year results
24th Apr 2024 12:21
(Sharecast News) - Serica Energy reported a shift in average realised sales prices in its final results on Wednesday, with post-hedging prices averaging around $63 per barrel of oil equivalent for 2023, a decrease from $104 in 2022.
Read moreSerica maintains production guidance as year-end reserves expand
7th Mar 2024 10:04
(Sharecast News) - UK North Sea-focussed oil and gas firm Serica Energy said in an update on Thursday that as of 31 December, it had net proved plus probable, or '2P', reserves totaling 140 million barrels of oil equivalent.
Read moreSerica Energy finalises acquisition of Greater Buchan stake
26th Feb 2024 11:20
(Sharecast News) - Serica Energy announced on Monday that it had finalised the acquisition of a 30% non-operated stake in the Greater Buchan Area (GBA) licences, comprising P2498 and P2170, from Jersey Oil & Gas (JOG).
Read moreSerica Energy confident despite production challenges
5th Feb 2024 10:59
(Sharecast News) - Serica Energy said in an update on Monday that its pro-forma net production in 2023 averaged 40,121 barrels of oil equivalent per day, including production from the fields owned by Tailwind since 1 January 2023.
Read moreMitch Flegg to step down as Serica CEO
1st Feb 2024 12:03
(Sharecast News) - Serica Energy announced a significant leadership change on Thursday, with Mitch Flegg set to step down from his role as chief executive officer and director.
Read moreSerica Energy signs new $525m RBL facility
18th Dec 2023 09:00
(Sharecast News) - Exploration and production company Serica Energy revealed on Monday that it has signed a new $525.0m reserves-based lending facility, "significantly" increasing its liquidity to support future acquisitions and investments.
Read moreSerica maintains production guidance after summer shutdowns
6th Dec 2023 09:46
(Sharecast News) - Serica Energy reported an average recent production of over 52,000 barrels of oil equivalent per day on Wednesday.
Read moreSerica to acquire 30pc of Greater Buchan Area licences
23rd Nov 2023 12:17
(Sharecast News) - Serica Energy announced plans to acquire a 30% non-operated interest in the P2498 and P2170 licences, collectively known as the Greater Buchan Area (GBA), from Jersey Oil & Gas (JOG) on Thursday.
Read moreSerica Energy announces chief financial officer change
21st Nov 2023 11:15
(Sharecast News) - Serica Energy announced a change in its leadership team on Tuesday, with chief financial officer Andy Bell set to step down from his current role in the new year.
Read moreSerica Energy awarded Kyle block in UK licensing round
31st Oct 2023 10:06
(Sharecast News) - Serica Energy announced the award of a 100% interest in UK block 29/2a to its wholly-owned subsidiary Tailwind Energy Chinook on Tuesday as part of the UKCS 33rd Offshore Licensing Round.
Read moreSerica trims production guidance after completing Tailwind acquisition
19th Sep 2023 13:48
(Sharecast News) - Upstream oil and gas company Serica Energy noted the March acquisition of Tailwind Energy Investments in its interim results on Tuesday, which raised 2P reserves to 130 million barrels of oil equivalent as of 31 December.
Read moreSerica hikes dividend after surge in profits
13th Apr 2023 10:06
(Sharecast News) - Upstream oil and gas company Serica Energy reported a 93% increase in operating profit and a 124% increase in profit after tax in its 2022 results on Thursday.
Read moreSerica Energy upbeat on latest reserve estimates
5th Apr 2023 13:28
(Sharecast News) - Serica Energy announced the results of independent estimates of oil and gas reserves for both the Serica and Tailwind groups of companies on Wednesday, as at 31 December.
Read moreSerica Energy announces start of production at Gannet well
20th Feb 2023 09:03
(Sharecast News) - Serica Energy announced on Monday that production had started at the Gannet GE-04 well via the Triton floating production, storage and offloading (FPSO) vessel, following its final commissioning.
Read moreDirector dealings: Serica Energy director makes share purchase
10th Jan 2023 14:31
(Sharecast News) - Serica Energy revealed on Tuesday that non-executive director David Latin had acquired 14,500 ordinary shares in the AIM-listed gas producer.
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