Serica Energy Share News (SQZ)

Serica hikes dividend after surge in profits

(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.

Serica Energy upbeat on latest reserve estimates

(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.

Serica Energy tips oil reserve rise after infill wells sanctioned

(Alliance News) - Serica Energy PLC on Wednesday reported higher said it estimated higher oil reserves following the sanction of four infill wells in the Triton area fields.

Serica Energy completes acquisition of Tailwind Energy Investments

(Alliance News) - Serica Energy PLC on Thursday said it has completed the acquisition of Tailwind Energy Investments Ltd from Tailwind Energy Holdings LLP.

Serica notes conditions to buy Tailwind Energy have been satisfied

(Alliance News) - Serica Energy PLC on Tuesday said that the conditions for the acquisition of Tailwind Energy Investments Ltd from Tailwind Energy Holdings LLP have been satisfied.

Serica Energy announces start of production at Gannet well

(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.

Serica Energy "delighted" by initial production rates at Tailwind well

(Alliance News) - Serica Energy PLC on Monday said Tailwind Energy Investments Ltd reported strong first production at the Gannet GE-04 well.

LONDON BRIEFING: Darktrace calls in E&Y; Bank of Cyprus payout near

(Alliance News) - Stocks in London were set to open higher on Monday, following a decent handover from Asia, as equities look to reverse some of Friday's weakness that was prompted by US rate hike fears.

IN BRIEF: Serica Energy expects annual production to nearly double

Serica Energy PLC - London-based independent oil & gas exploration and production company - Says net production in 2022 averages 26,182 barrels of oil equivalent per day, compared to 23,727 boepd in 2021. Serica Energy says net output continues to benefit from the investment programmes that it has undertaken since the acquisition of interests in Bruce, Keith and Rhum in 2018. The three producing fields are in the UK northern North Sea.

IN BRIEF: Serica Energy says Rhum Field license renewed until 2025

Serica Energy PLC - London-based independent oil and gas exploration and production company - says it has received a renewed license and secondary sanctions assurance from the US Office of Foreign Assets Control for its 50% owned North Sea Rhum Field. The company says this allows operations and production at site, which delivers gas to UK consumers, to continue unaffected. Serica says the new license covers a 2 year period, to expire on January 31, 2025.

UK shareholder meetings calendar - next 7 days

Director dealings: Serica Energy director makes share purchase

(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.

Serica Energy says Tailwind acquisition will nearly double production

(Alliance News) - Serica Energy PLC on Monday said it achieved average net production of 26,050 barrels of oil equivalent per day in 2022, and forecast a net production of between 40,000 and 47,000 barrels in 2023, after it completes its acquisition of Tailwind Energy Investments Ltd.

TRADING UPDATES: Serica Energy to buy Tailwind Energy

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Serica to join forces with Tailwind Energy

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