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Serica Energy Ord Shs SQZZF

Energy Oil & Gas E&P
Serica Energy plc is a mid-tier independent oil and gas company. The principal activity of the Company and its subsidiaries is to identify, acquire, explore and subsequently exploit oil and gas reserves. Its activities are located in the United Kingdom (UK). The Company owns and operates the Bruce (98%), Keith (100%) and Rhum (50%) assets consisting of over 25 wells, three bridge-linked platforms and extensive subsea pipelines and infrastructure that tie-in Rhum, Keith and the Western Area of Bruce to the Bruce facilities. Its Triton Area consists of eight producing oil fields developed via common infrastructure in the UK Central North Sea, located over 190 kilometers (km) east of Aberdeen. Its Columbus Development is located in the UK Central North Sea and produces from a gas-condensate reservoir in the Forties Sandstone Formation. The Orlando Field is located on license P.1606 (UKCS Block 3/3b), over 11 km east of the Ninian Field. It also operates in Erskine, Mansell and Skerryvore.


OTCPK:SQZZF - Post by User

Serica Energy Ord Shs
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Comment by CalifDreamingon Jun 11, 2009 2:22pm
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Post# 16062890

RE: more Info

RE: more Info Serica is based in Britain. Alongwith the Slyne basin, it has exploration and production interests inthe Irish Sea, North Sea and off the Vietnamese coast.



Ha, written by a typical reporter - missed their biggest asset - Kambuna...


He said the find was encouraging,and added that Serica would carry out a survey of the area between nowand October, the only period where the weather in the north Atlanticallows exploration work to be carried out.

He explained that if the oil finddoes turn out to be commercial, it would be easier to process and getto the market than gas. Local objections have hit Shell’s efforts toget the Corrib gas ashore.


Obviously not commercial.  I'm a bit skeptical that it ever will be as they drilled their best prospect - I only see potential if they find their seismic is out of whack and they drilled off target...

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