Licence P2400 Skerryvore

Blocks 30/12c, 30/13c, 30/17h, 30/18c

SERICA 30th ROUND EXPLORATION ACREAGE

Serica 70% (operator), CalEnergy 30%

The Skerryvore prospect lies in the Central North Sea, 60km south of the Erskine field. Serica held 20% of the licence prior to the completion of the acquisition of Parkmead (E&P) Limited in April 2025, when the company increased its holding to 70% and became the operator of the licence.

The commitment work programme includes drilling an exploration well on the Skerryvore prospect by the end of September 2025. However, given the lack of clarity regarding the future fiscal and licensing regime, the joint venture has applied for an extension to the licence period.