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Pin to quick picksSerica Energy Share News (SQZ)

Share Price Information for Serica Energy (SQZ)

London Stock Exchange
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Share Price: 135.90
Bid: 135.30
Ask: 136.00
Change: 3.10 (2.33%)
Spread: 0.70 (0.517%)
Open: 136.00
High: 140.80
Low: 134.40
Prev. Close: 132.80
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Serica Energy wraps up acquisitions of North Sea fields

Fri, 30th Nov 2018 14:28

(Sharecast News) - Serica Energy completed its acquisition of the Bruce, Keith and Rhum fields and associated infrastructure in the UK North Sea from BP, leading to the readmission of its shares to AIM after the reverse takeover necessitated their suspension.The exploration and development outfit also snapped up interests in the same three fields from Billiton, Total and Marubeni Oil and Gas.As a result of the acquisitions, Serica became the operator of the three fields and holds a 98% interest in Bruce, a 100% interest in Keith and a 50% interest in Rhum.Serica will make an initial payment of $22m to receive a 40% share of the net cash flow from the fields' year-to-date activities.Chairman Tony Craven-Walker, said: "The acquisitions, once complete, are transformational for Serica firmly placing us as one of the leading 'mid-tier' independent exploration and production companies operating in the UK North Sea."As of 1510 GMT, Serica shares had dipped 1.78% to 131.61p.
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16 Sep 2014 16:25

DIRECTOR DEALINGS: Serica Energy Finance Director, COO Acquire Shares

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8 Sep 2014 14:40

San Leon expands Moroccan footprint through Petromaroc deal

AIM-listed oil and gas group San Leon Energy has expanded its asset portfolio in Morocco through the acquisition of two minority stakes. Petromaroc Corporation has transferred its 1.5% net working interest in the offshore Sidi Moussa licence, where drilling of the SM-1 well is currently underway by

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12 Aug 2014 11:14

UK MIDDAY BRIEFING: Serco CEO Bolsters Top Team Again

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12 Aug 2014 11:03

UK WINNERS & LOSERS: Just Eat Delivers Tasty Revenue Growth

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12 Aug 2014 09:45

Serica Shares Up Despite Loss On Optimism About Erskine Field Buy

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5 Aug 2014 09:13

Centrica buys stake in Irish Sea gas field

LONDON, Aug 5 (Reuters) - A subsidiary of Britain's Centrica has completed a deal to buy a 45 percent stake in the Doyle gas prospect in the East Irish Sea from oil and gas explorer Serica Energy. As part of the agreement, Centrica's Hydrocarbon Resources Limited (HRL) will cover Serica's

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5 Aug 2014 07:35

Serica Energy Closes Farm-Out Deal With Centrica In East Irish Sea

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5 Aug 2014 07:30

UK MORNING BRIEFING: Aggreko Leads London Opening Gains

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31 Jul 2014 10:24

Serica, San Leon Say Offshore Morocco Well Has Been Started

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17 Jun 2014 12:47

UK MIDDAY BRIEFING: BP Gets China Deal, Shell In Asset Sale

LONDON (Alliance News) - British oil major BP will sign a long-term contract worth around USD20 billion, or about GBP11.8 billion, to supply liquefied natural gas to China National Offshore Oil Corp, BP Chief Executive Bob Dudley said at a conference in Moscow Tuesday.
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17 Jun 2014 10:42

UK WINNERS & LOSERS: Xaar Plummets After Guidance Cut

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
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Whitbread, up 3.1%. The Premier Inn hotels and Costa Coffee chain operator re

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17 Jun 2014 08:09

Serica Energy To Acquire 18% Interest In Erskine Field From BP

LONDON (Alliance News) - Serica Energy PLC Tuesday said it is to acquire an 18% stake in the Erskine Field, located in the UK central North Sea, from BP PLC in exchange for USD11.1 million cash and 27 million new Serica shares, in a move that Serica said will give it a cash flow boost, increase i

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17 Jun 2014 07:50

Serica Energy buys North Sea oil field stake from BP

Oil explorer Serica Energy is buying an 18% stake in the Erskine oil field in the North Sea from BP for $11.1m plus 27m new shares. Serica is buying the interest in UK blocks 23/26a and 23/26b, both in area B, containing the Erskine Field in the UK Central North Sea, from BP Exploration Operating C

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17 Jun 2014 07:34

UK MORNING BRIEFING: Whitbread Leads FTSE 100 On Strong Quarter

LONDON (Alliance News) - UK shares have opened higher Tuesday, encouraged by a positive close on Wall Street on Monday and ahead of UK inflation data.

Whitbread leads FTSE 100 gainers, as it said its Premier Inn hotels and Costa Coffee shops continued their strong s

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13 Jun 2014 15:33

DIRECTOR DEALINGS: Serica Energy Directors Buy Shares

LONDON (Alliance News) - Serica Energy PLC Friday said Finance Director Christopher Hearne and Chief Operating Officer Mitchell Flegg acquired 4,089 shares each at an average price of 11 pence per share. Following this transaction, Hearne holds 1.2 million shares, while Flegg holds 358,878

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