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LONDON, Dec. 20 /CNW/ - Serica Energy plc (AIM and TSX Venture: SQZ) is pleased to announce that it has successfully completed testing the Columbus well 23/16f-11 and confirmed the presence of a potentially commercial gas and condensate reservoir. The well will now be suspended for possible future use in a development programme.
LONDON, England, Dec. 14 /CNW/ - Serica Energy plc (AIM and TSX Venture: SQZ) is pleased to announce that it has been awarded the Kutai Production Sharing Contract ("the PSC"), and provides a UK drilling update.
LONDON, Dec. 1 /CNW/ - Serica Energy plc (AIM and TSX Venture: SQZ) announces that, with effect from 31st December 2006, Chris Atkinson will be taking on the new role of Advisor to the Board on exploration matters and will be relinquishing his responsibility as Chief Operating Officer and a Director of the Group.
Serica Energy plc (AIM and TSX Venture: SQZ) announces that it has completed testing gas discovered in the Oak well 54/1b-6 and is today preparing to test gas discovered in the Columbus Well 23/16f-11. Serica is Operator of both Blocks.
Serica Energy plc (AIM and TSX Venture: SQZ) is pleased to announce that it has been awarded the Kutai Production Sharing Contract ("the PSC"), and provides a UK drilling update.
Serica Energy plc (TSX Venture & AIM: SQZ) today announces its financial results for the three and nine months ended 30 September 2006. The results and associated Management Discussion and Analysis are included here and copies are available at www.serica-energy.com and www.sedar.com
Serica Energy plc (AIM and TSX Venture: SQZ) announces that it has commenced drilling the Columbus prospect in UK Block 23/16f and is now drilling two North Sea exploration wells simultaneously.
Serica Energy plc (AIM and TSX Venture: SQZ) announces that it has commenced drilling the Oak prospect in UK Block 54/1b.
Serica Energy plc (AIM and TSX Venture: SQZ) provides the following update regarding its gas field developments in Indonesia.
Serica Energy plc (AIM and TSX Venture: SQZ) announces that it has concluded a farm-out of part of its interest in UK North Sea Block 54/1b, where it expects to commence drilling the Oak prospect later this month. Serica will also commence drilling of an exploration well on the Columbus prospect in Block 23/16f during the fourth quarter of 2006.
Serica Energy plc (AIM and TSX Venture: SQZ) announces the issue of 5,739,425 new ordinary shares following the exercise of warrants.
Serica Energy plc (AIM and TSX Venture: SQZ) is pleased to announce that, in the 2006 Irish Offshore Licensing Round, it has been awarded a Licence covering Blocks 27/4, 27/5 (part block) and 27/9 ('the Blocks') which covers an area of approximately 611 sq km in the Slyne Basin off the west coast of Ireland. Serica is the operator and will hold a 100% interest in the Licence.
Serica Energy plc (TSX Venture & AIM: SQZ) today announces its financial results for the three and six months ended 30 June 2006. The full results and associated Management Discussion and Analysis are available here and at www.sedar.com
Serica Energy plc (TSX Venture: SQZ; AIM: SQZ) announces that it has been conditionally awarded Block 06/94 in the Nam Con Son Basin offshore south Vietnam. Serica and its two partners, Lundin Petroleum and Pearl Energy, will each have a 33.33% interest in the Block, which covers an area of around 4100 square kilometers and will be operated by Pearl.
Serica Energy plc ("Serica") (TSX Venture: SQZ; AIM: SQZ) announces that it has secured the use of the Ensco 92 jack-up drilling rig to drill an exploration well to test the "Oak" prospect in UK offshore Block 54/1b. The well will be operated by Peak Well Management Limited on behalf of Serica.
Serica Energy plc (TSX Venture: SQZ; AIM: SQZ) announces that a letter of intent has been executed between a wholly-owned subsidiary of Serica Energy plc and PT Lins Petrotama Energi for the use of the Seadrill 5 jack-up drilling rig for four wells offshore north Sumatra, Indonesia. It is anticipated that this continuous drilling programme will commence in the first quarter of 2007.
At the Serica Energy plc (TSX Venture: SQZ; AIM: SQZ) AGM today Antony Craven Walker, Chairman, made the following comments:'Serica made great progress in 2005, achieving one hundred per cent success with the drill bit and a successful listing on London`s AIM market, giving it investment community support in Europe and Canada and a strong financial position.'
Serica Energy plc (TSX Venture: SQZ; AIM: SQZ) announces that it has concluded an agreement for the sale of its 10% interest in the Lematang Production Sharing Contract, onshore south Sumatra, to Lundin Petroleum AB ('Lundin Petroleum') for US$5 million in cash subject to the required partner and Indonesian government approvals. The block includes the nearly depleted Harimau gas field and the Singa gas field development project. As at 31 December 2005 the net book value of the assets disposed of was US$2.4 million, with attributable turnover and profit for the year ended 31 December 2005 of US$0.1 million.
Serica Energy plc (TSX Venture: SQZ; AIM: SQZ) announces that it has been pre-qualified by the Norwegian authorities to hold oil and gas exploration and production licences on the Norwegian Continental Shelf. Serica intends to make applications for licences in the forthcoming APA licence round that closes in September, 2006.
Serica Energy plc (TSX Venture: SQZ; AIM: SQZ) announces that on 23 May 2006 the beneficial shareholdings of Antony Craven Walker and Neil Pike in the Company were increased by the exercise of Warrants over 1,521,876 and 100,000 shares respectively. On the same date, Neil Pike transferred ownership of 10,000 shares and Christopher Atkinson reduced his holding by 650,000 shares from 5,389,315 shares to 4,739,315 shares. As a result of these transactions the beneficial shareholdings of Directors of the Company have increased by 961,876 shares.
Serica Energy plc (TSX Venture: SQZ; AIM: SQZ) today announces its 2006 first quarter results. A summary of these results is included below, and the full 2006 first quarter results and Management Discussion and Analysis are available here and at www.sedar.com. Serica Energy plc's Annual Report for 2005 is also available online here.
Serica today announces its 2005 full year results. A summary of these results is included here, and the full 2005 Annual Report is available here and www.sedar.com.
Serica Energy plc (TSX Venture: SQZ; AIM: SQZ) today announced that it granted 696,000 incentive stock options on November 23, 2005, of which 330,000 were granted to senior officers of the Company at an exercise price of £0.97 (CDN$1.96) per ordinary share expiring five years from the date of grant. As a result of the grant, the Company now has 142,548,579 ordinary shares outstanding (155,296,455 ordinary shares on a fully diluted basis).
