A proven strategy for the creation of shareholder value
Serica specialises in growing shareholder value from mid-to-late-life assets, with the necessary subsurface expertise to unlock reserves and optimise production to extend the life of fields.
Delivering value to shareholders
Serica aims to contribute responsibly towards meeting the world's energy needs through the safe and efficient production of hydrocarbons, creating shareholder value through delivering material cash generation production from oil and gas fields, with balanced capital allocation focused on acquisitions, organic growth and direct shareholder returns.
With a focus on safety, Serica aims to operate fields efficiently across an increasingly diversified portfolio, with a mix of oil and gas, delivering growth and resilient cash generation that supports long-term shareholder returns.
A successful M&A strategy
Serica has grown materially through M&A, identifying and executing opportunities to acquire assets and then investing in them to create value. The Company was transformed in 2018 through the acquisition of Bruce from BP, with the acquisition of Tailwind Energy in 2023 adding material oil production and diversifying the portfolio. Acquisitions announced in 2025 are set to deliver materially increased production, cash flow and growth opportunities for Serica – opening up new hubs West of Shetland and in the Southern North Sea. The acquisitions provide the Company with an increasingly resilient and diversified portfolio, with production set to reach over 65,000 boepd by the end of 2026 as they all complete.
Subsurface excellence
Serica’s subsurface team is brought to work on acquired assets, bringing exceptional North Sea expertise, combining advanced geoscience, reservoir engineering and decades of experience to unlock value from complex, mature fields.
This capability underpins Serica’s strategy of extending field life through targeted drilling, robust subsurface studies and strong technical understanding of our assets.
