Serica Energy Plc (SQZ.L) Share Price & News

Serica is a British independent upstream oil and gas company with operations centred on the UK North Sea with a range of exploration and production assets. At the start of 2022 Serica had approximately £218 million in cash, cash equivalents and hedging advances, no debt and limited decommissioning liabilities.

Serica operates the Bruce, Keith and Rhum fields in the UK Northern North Sea. Serica also operates the Columbus Field as well as holding an interest in the Erskine field in the Central North Sea. Net production for Serica in 2021 was around 22,200 boe/d. In 2022, Serica is drilling its 100% owned and operated North Eigg exploration prospect, an analogue and close neighbour to the Rhum field.