Serica Energy Share News (SQZ)
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Tue, 11th Dec 2018 17:06
LONDON (Alliance News) - Serica Energy PLC said Tuesday that Non-Executive Director Malcolm Webb bought 44,681 shares in the firm on Monday.
Webb acquired the shares at 109.5 pence each for GBP48,925. The shares acquired by Webb represent his only holding in the company, equating to 0.02% of Serica's issued share capital.
Serica shares closed up 1.8% at 111.00p each on Tuesday.
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:
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(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 more(Alliance News) - Serica Energy PLC and Jersey Oil & Gas PLC on Monday said they have completed the Greater Buchan Area farm-out agreement.
Read more(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 more(Alliance News) - Serica Energy PLC on Monday set its production guidance for 2024, and said recently appointed chief fiancial officer, Martin Copeland, has officially begun his role at the company.
Read more(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 PLC - oil and gas company operating in the UK North Sea - Chief Executive Officer Mitch Flegg will step down from his role, after a six-year tenure and "some forty years in the industry", after Serica's full year results are published. He will remain as an advisor until after the next annual general meeting, which Serica expects to convene in June this year. Chair David Latin will take over as interim CEO until the company appoints a long-term successor. Serica says Flegg "leaves the company in its best ever health". Company has commenced search for a successor, to be supported by external advisors.
Read moreSerica Energy PLC - London-based upstream oil and gas company - Announces completion of its USD525 million, six-year reserves-based lending facility "following satisfaction of the conditions precedent". In December, the company signed the secured RBL facility, structured and coordinated by DNB and ING Bank NV, with support from Nedbank CIB, Natixis, London Branch and ICBC Standard Bank PLC. Serica said that the facility would provide "significantly increased liquidity to support future acquisitions and investments". The facility replaces Serica's former RBL facilities, which had USD271 million drawn. In December, the company said that this amount would be fully repaid upon the new facility's completion.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more(Alliance News) - Serica Energy PLC on Monday announced the signing of a USD525.0 million secured reserves-based lending facility.
Read more(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 more(Alliance News) - Serica Energy PLC on Wednesday said its full-year guidance remains unchanged, reflecting delays in post-summer production and despite "successful" recent well campaigns.
Read more(Sharecast News) - Serica Energy reported an average recent production of over 52,000 barrels of oil equivalent per day on Wednesday.
Read more(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 more(Alliance News) - Jersey Oil & Gas PLC on Thursday said it agreed to farm-out a 30% interest in the Greater Buchan Area licenses to Serica Energy UK Ltd, a subsidiary of Serica Energy PLC.
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