Northern North Sea exploration blocks well placed for Serica infrastructure

Licence P2506 UK Northern North Sea

Blocks 3/25b, 3/30, 4/26, 9/5a

Serica (operator) 100%

Serica Energy has been awarded a 100% working interest in licence P2506 covering blocks 3/25b, 3/30, 4/26, 9/5a in the greater Bruce / Rhum area located in the UK Northern North Sea. The blocks are adjacent to the Serica operated Bruce and Rhum fields. Several prospects and leads have been mapped and will be worked up to maturity. The proposed work programme includes purchasing 3D seismic data, technical studies and a contingent well decision after three years.