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Serica Energy Posts H1 Group Profit After Tax Of £30.0 Mln
Serica Energy Sees FY2019 Production Between 26,000 And 30,700 Boe/d
Serica Energy Says FY Gross Profit Increased By 30.6 Pct To $25.2 Mln
Serica Energy plc is a United Kingdom-based oil and gas company. The Company has exploration and development activities based in the United Kingdom, Ireland, Namibia and Morocco, and an economic interest in an oilfield offshore Norway. The Company's segments include UK, Ireland and Africa. It holds licenses in the Central North Sea and the East Irish Sea, which includes the Columbus Field. It holds Frontier Exploration Licenses for Muckish, Aghla and Derryveagh, and Liffey and Boyne Prospects. The Company also holds interest in Blocks 113/26b and 113/27c, including the Doyle prospect. It holds interest in Block 113/22a, which is operated by Zennor North Sea Limited. The Company has interest in a Petroleum Agreement covering Blocks 2512A, 2513A, 2513B and 2612A in the Luderitz Basin, offshore Namibia in partnership with other companies. The Company has working interest in the Sidi Moussa license. The Company has an economic interest in the potential development of the Vette field.
Oil & Gas - Integrated
52 George Street
Antony Craven Walker
Independent Chairman of the Board
Mitchell Robert Flegg
Chief Executive Officer
Jeffrey A. Harris
Senior Non-Executive Independent Director
Steven M. Theede
Non-Executive Independent Director
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** British oil and gas co Serica Energy up 5.1% at 135.6 pence
The United States has granted BP <BP.L> and Serica Energy <SQZ.L> a new licence to run a North Sea gas field partly owned by Iran in a rare exemption by U.S. President Donald Trump's administration as it prepares to renew sanctions on Tehran next month.
BP and Serica Energy received a conditional licence from U.S. authorities to continue operating a North Sea gas field partly owned by Iran's national oil company, Serica said in a statement.
Serica Energy <SQZ.L> said on Monday that the U.S. Treasury had given temporary approval for certain U.S. businesses to work on a British North Sea oil and gas field owned in part by Iran, which is targeted by U.S. sanctions.
BP said on Tuesday it had agreed to sell stakes in three fields in its Bruce assets in the North Sea to Serica Energy plc.
BP said on Tuesday it agreed to sell stakes in three fields in its Bruce assets in the North Sea to Serica Energy plc.
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