Low-cost production, development and growth

Maximising value from our assets for our shareholders

THE INVESTMENT CASE

Serica seeks to deliver value to shareholders through our portfolio of exploration, development and production assets. 

We are a nimble and experienced company with a global track record of operations, which enables us to act quickly on opportunities to add value to high quality fields.

Serica is a partner in the producing Erskine field and is the development operator for the Columbus gas-condensate field, both in the UK Central North Sea.

The Company recently announced an agreement to acquire BP’s interests in the Bruce, Keith and Rhum package of assets in the UK Central North Sea – click here for more information. Once fully integrated, this acquisition will increase Serica’s output sevenfold, making the company the third largest quoted European independent on the UKCS by production.

We also have a full carry on Rowallan, a UK exploration well, providing shareholders with exposure to potentially material upside, while managing our investment and expenditure to spread risk and limit downside.

We continuously evaluate complementary acquisitions which will add value and bring further strategic balance to Serica’s portfolio.