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Pin to quick picksSerica Energy Share News (SQZ)

Share Price Information for Serica Energy (SQZ)

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Share Price: 183.00
Bid: 182.70
Ask: 184.30
Change: 5.80 (3.27%)
Spread: 1.60 (0.876%)
Open: 177.70
High: 183.40
Low: 175.90
Prev. Close: 177.20
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TRADING UPDATES: MySale scraps ASX float; Serica produces Columbus oil

Thu, 25th Nov 2021 14:49

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

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Serica Energy PLC - gas producer in UK North Sea; responsible for 5% of all UK gas production - Begins production at its Columbus field located in the central North Sea. Hydrocarbons from the C1z development well started flowing on Wednesday, Serica says. The comingled Arran and Columbus production streams are now being exported for processing and onward export to the gas and liquid sales points. Serica expects Columbus to be producing at its potential by early December.

Chief Executive Mitch Flegg Serica comments: "I am delighted that first production has been achieved, as planned, during fourth quarter 2021. This marks a significant milestone for Serica as it reaches the successful conclusion of its first development project."

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Premier African Minerals Ltd - southern Africa-focused miner - Drilling at Zulu lithium and tantalum project in Zimbabwe continues to demonstrate "significant mineralised intersections" in extensions. Notes 4,190 meters drilled to date with 24 holes completed. Says samples submitted over known step out zone.

Chief Executive George Roach says: "Whilst we wait for assay results and modelling, it is most encouraging to note the pegmatite intersections encountered in a zone not previously included in any of our exploration target assessments or in the existing resource estimate. Together with preliminary results from exploration activities in the wider exclusive prospecting area, this continues to support my view that Zulu is likely to emerge as one of the more substantial hard rock lithium rich regions in Zimbabwe."

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MySale Group PLC - Australia, New Zealand and south east Asia-focused online retailer - Confirms that it is withdrawing from proposed 2021 listing on Australian Securities Exchange, blaming the "current equity market conditions and the performance of a number of recent IPOs in Australia". Earlier this month MySale originally said it planned to float on the ASX and cancel its listing on AIM in March next year. Company reiterates long-term objective of aligning its listing with its operations in Australia and intends to reassess the timing of an ASX listing at the appropriate time during calendar 2022. Also notes that the business continues to trade well, underpinned by strong growth from its marketplace platform. Gross profit for the first four months of the 2022 financial year is ahead of the prior year by 9%.

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Clipper Logistics PLC - e-fulfilment and returns management services provider - Forms a joint venture company with luxury fashion platform Farfetch. The partnership will see the two work on creating a "global e-commerce fulfilment solution for luxury brands". The joint venture is expected to launch in early 2022 and will offer online fulfilment services in territories in Europe, Asia and North America with plans to further expand in the medium term, Clipper explains.

Clipper Executive Chair Steve Parkin comments: "The luxury goods sector is going through a period of transformation and we're delighted to extend our relationship with Farfetch to meet these new demands with a global e-fulfilment solution. The partnership of our market leading technology and expertise with Farfetch's global brand and operating expertise will create a unique and fully integrated international offering for stock from Farfetch's group of companies including Browns and New Guards Group, as well as stock from other luxury brands."

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By Will Paige; willpaige@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
25 Jul 2022 08:49

Serica board rejects revised offer from Kistos

(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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20 Jul 2022 12:33

IN BRIEF: Serica Energy boosted by "exceptionally strong" commodities

Serica Energy PLC - London-based oil & gas company - Says commodity prices have been "exceptionally strong" since the start of 2022 with a resulting positive impact on income. July gas price to date stands at 191.8 pence per therm, up compared to 124.8 pence in June. "The 2022 year-to-date gas price has averaged 177p/therm which is significantly higher than the 2021 full year average of around 113p/therm," it notes.

Read more
20 Jul 2022 09:53

Serica Energy upbeat on 2022 progress to date

(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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15 Jul 2022 15:51

UK dividends calendar - next 7 days

Monday 18 July 
no events scheduled 
Tuesday 19 July 
Dr Martens PLCdividend payment date
Wednesday 20 July 
no events scheduled 
Thursday 21 July  
Avast PLCex-dividend payment date
Bellevue Healthcare Trust PLCex-dividend payment date
BlackRock Income & Growth Investment Trust PLCex-dividend payment date
Brunner Investment Trust PLCdividend payment date
Castings PLCex-dividend payment date
Custodian REIT PLCex-dividend payment date
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JPMorgan China Growth & Income PLCex-dividend payment date
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North American Income Trust PLCex-dividend payment date
Pennon Group PLCex-dividend payment date
Porvair PLCex-dividend payment date
Twentyfour Income Fund Ltdex-dividend payment date
Vivo Energy PLCspecial ex-dividend date
Volex PLCex-dividend payment date
VPC Specialty Lending Investments PLCdividend payment date
Friday 22 July  
abrdn Japan Investment Trust PLCdividend payment date
abrdn Smaller Cos Income Trust PLCdividend payment date
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Experian PLCdividend payment date
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Serica Energy PLCdividend payment date
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Copyright 2022 Alliance News Limited. All Rights Reserved.

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13 Jul 2022 19:32

TRADING UPDATES: Eqtec seeks raise; Black Sea Property buys

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

Read more
12 Jul 2022 12:19

LONDON MARKET MIDDAY: Stocks fall; euro drops to parity against dollar

(Alliance News) - Stock prices in London were lower at midday on Tuesday on fears that central bank moves to fight inflation will spark a recession, while the euro hit parity against the dollar for the first time in almost 20 years.

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12 Jul 2022 11:29

AIM WINNERS & LOSERS: Serica, Kistos trade offers; tinyBuild upbeat

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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12 Jul 2022 10:42

Kistos, Serica reject each other's takeover bids but see merger merits

(Alliance News) - Kistos PLC and Serica Energy PLC on Tuesday revealed they have traded takeover offers, with each rejecting the other as they mull combining to create a company that could rank within the FTSE 250 index.

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12 Jul 2022 07:47

Serica Energy rebuffs £1bn approach from Kistos

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

Read more
11 Jul 2022 14:38

IN BRIEF: Serica Energy spuds North Eigg well in North Sea

Serica Energy PLC - London-based oil & gas company - Says the North Eigg exploration well in the Northern North Sea spudded on Monday. If successful, Serica says the reservoir will be gas filled and provide low emissions gas to the UK domestic market during 2025 to 2035. "It is anticipated that a discovery at North Eigg would be developed utilising Serica's nearby 98% owned and operated infrastructure on the Bruce platform," the company notes.

Read more
11 Jul 2022 14:03

Serica Energy announces spudding of North Eigg well

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

Read more
8 Jul 2022 09:44

LONDON BROKER RATINGS: HSBC cuts pub stocks; Goldman downgrades M&S

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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23 Jun 2022 16:04

UK dividends calendar - next 7 days

Friday 24 June 
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BP PLCdividend payment date
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Tritax EuroBox PLCdividend payment date
Utilico Emerging Markets Trust PLCdividend payment date
Vivo Energy PLCdividend payment date
Monday 27 June 
Henderson European Focus Trust PLCdividend payment date
Kingfisher PLCdividend payment date
Tuesday 28 June 
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Ferrexpo PLCdividend payment date
Wednesday 29 June 
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Victrex PLCdividend payment date
Thursday 30 June 
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Burberry Group PLCex-dividend date
Caledonia Investments PLCex-dividend date
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Chelverton UK Dividend Trust PLCex-dividend date
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23 Jun 2022 16:02

UK shareholder meetings calendar - next 7 days

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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23 Jun 2022 15:14

North Sea firms warn Britain's Sunak windfall tax will slow investment

LONDON, June 23 (Reuters) - North Sea oil and gas companies on Thursday told Britain's finance minister Rishi Sunak that a planned windfall tax on energy profits could undermine new developments in the basin.

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