Serica Energy Share News (SQZ)

IN BRIEF: Serica Energy Non-Exec Soeting buys GBP100,000 in shares

Serica Energy PLC - London-based oil & gas company focused on the UK North Sea - Independent Non-Executive Director Michiel Soeting buys 42,300 shares at 236.20 pence each, worth GBP99,913, in London on Friday. These are the only shares Soeting holds, a 0.01% stake.

Serica chairman and North Sea pioneer Craven Walker steps down

LONDON, April 13 (Reuters) - Serica Energy Chairman Tony Craven Walker, a pioneer of British North Sea oil, will step down in June after leading the oil and gas producer for 18 years, he announced on Thursday.

IN BRIEF: Serica Energy lifts annual dividend as profit jumps

Serica Energy PLC - London-based oil & gas company focused on the UK North Sea - Pretax profit amounts to GBP488.2 million for 2022, up significantly from GBP135.1 million in 2021. Operating profit stands at GBP476.2 million, up 93% from GBP246.1 million. Says it was boosted by increased production volumes and higher commodity prices. Average net production amounts to 26,200 barrels of oil equivalent per day compared to 22,200 boe per day for 2021, representing an increase of 18%. Average sales price is about USD104 per boe, up from USD77 per boe a year earlier.

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.