Serica Energy Share News (SQZ)

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.

Serica production in-line as it seeks tax clarity

(Sharecast News) - UK North Sea-focussed upstream oil and gas company Serica Energy updated the market on its recent operations on Monday, reporting that the North Eigg exploration well '3/24c-6B' had been drilled to a total depth of 16,728 feet in the Jurassic Heather formation.

Serica Energy suspends well as commercial hydrocarbon volumes in doubt

(Alliance News) - Serica Energy PLC on Monday said initial analysis has detected hydrocarbons at the North Eigg exploration well, but commercial quantities have not been established.

LONDON BROKER RATINGS: UBS cuts Persimmon to 'sell' from 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

UK hits power firms with windfall tax, hikes oil company levy

Windfall tax on oil and gas companies rises to 35%

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Britain targets energy efficiency with consumption cut goal

LONDON, Nov 17 (Reuters) - Finance minister Jeremy Hunt said he wanted Britain to cut its energy usage by 15% by 2030 to help reduce bills, catching up with European neighbours which are already prioritising measures to counter spiralling prices.

UK's Hunt says average household energy bill to rise, keeps cap

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt said the cost of an average household energy bill would rise to 3,000 pounds ($3,555) a year from April after he reined in the scale of support for gas and electricity, but kept a price cap until 2024.

UK's Hunt says average household energy bill to rise, keeps cap

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt said the cost of an average household energy bill would rise to 3,000 pounds ($3,554.70) a year from April after he reined in his predecessor's vast support package for gas and electricity bills.

Britain's Hunt sets out plans to reduce energy consumption by 15% by 2030

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt on Thursday said he wanted the country to become more energy efficient, outlining a new goal to reduce energy consumption by 15% over the next eight years to save money.

UK's Hunt increases energy windfall tax

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt said on Thursday the government would increase a windfall tax on oil and gas firms and extend it to power generation firms as he seeks to raise money to plug a hole in the public finances.

LONDON BROKER RATINGS: Redburn likes Flutter; RBC cuts Smiths

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

Surging gas prices help lift Serica Energy

(Sharecast News) - Serica Energy reported a first-half operating cash flow of £312m on Tuesday, up from £72.8m a year ago, after adjustments for hedge security.

Serica Energy reports huge profit jump as gas prices surge

(Alliance News) - Serica Energy PLC on Tuesday reported a huge increase in profit as it benefited from high gas prices.