Serica to join forces with Tailwind Energy

20th Dec 2022 11:08

(Sharecast News) - Oil and gas firm Serica Energy is to buy fellow North Sea operator Tailwind Energy Investments in a £644m deal.

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Serica production in-line as it seeks tax clarity

5th Dec 2022 13:38

(Sharecast News) - UK North Sea-focussed upstream oil and gas company Serica Energy updated the market on its recent operations on Monday, reporting that the North Eigg exploration well '3/24c-6B' had been drilled to a total depth of 16,728 feet in the Jurassic Heather formation.

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Surging gas prices help lift Serica Energy

27th Sep 2022 15:33

(Sharecast News) - Serica Energy reported a first-half operating cash flow of £312m on Tuesday, up from £72.8m a year ago, after adjustments for hedge security.

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Serica hits six-week delay at North Eigg well

14th Sep 2022 12:34

(Sharecast News) - Serica Energy updated the market on the North Eigg exploration well on Wednesday, reporting that drilling operations had encountered delays.

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Kistos, Serica Energy abandon attempts to combine

10th Aug 2022 15:39

(Sharecast News) - Kistos and Serica both walked away from their various attempts to combine late on Tuesday, after negotiations to reach a deal collapsed.

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Serica board rejects revised offer from Kistos

25th Jul 2022 08:49

(Sharecast News) - Kistos announced a revised proposal for Serica Energy on Monday, after its first offer was rejected by the Serica board on 1 June.

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Serica Energy upbeat on 2022 progress to date

20th Jul 2022 09:53

(Sharecast News) - Upstream oil and gas company Serica Energy said in an update on Wednesday that production performance in 2022 was benefitting from its "significant investment" in the Rhum R3 well reintervention, the Columbus development project and now the LWIV campaign.

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Serica Energy rebuffs £1bn approach from Kistos

12th Jul 2022 07:47

(Sharecast News) - North Sea specialist Serica Energy has rejected a £1bn takeover approach from smaller rival Kistos, it was confirmed on Tuesday.

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Serica Energy announces spudding of North Eigg well

11th Jul 2022 14:03

(Sharecast News) - North Sea-focussed upstream oil and gas company Serica Energy announced the spudding of the North Eigg exploration well on Monday.

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Serica Energy swings to profit, lowers production outlook

21st Apr 2022 12:01

(Sharecast News) - Serica Energy reported group gross profit of £386.8m in its full-year results on Thursday, swinging from a loss of £2.9m year-on-year, while it narrowed and reduced its production outlook for 2022.

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Serica restarts production at Rhum after underwater fault

17th Mar 2022 11:42

(Sharecast News) - North Sea-focussed upstream oil and gas company Serica Energy confirmed on Thursday that production had restarted from the Rhum field.

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Serica Energy upbeat on progress in North Sea

9th Dec 2021 12:47

(Sharecast News) - UK North Sea-focussed oil and gas company Serica Energy updated the market on its operations on Thursday, reporting that at Columbus, hydrocarbons from the C1z development well started flowing into the Arran subsea system on 24 November.

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Serica Energy achieves first production at Columbus field

25th Nov 2021 10:14

(Sharecast News) - North Sea-focussed upstream oil and gas company Serica Energy updated the market on its Columbus field in the Central North Sea on Thursday, announcing that first production had been achieved.

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Serica Energy swings back to gross profit in first half

28th Sep 2021 15:41

(Sharecast News) - Serica Energy reported a first-half gross profit of £46m on Tuesday, swinging from a loss of £19.8m year-on-year, with cash flow from operations improving to £63.8m from £19.3m.

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