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.

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Serica Energy Ord Shs

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Post by jcjohn36on Aug 20, 2010 1:27pm

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Post# 17369503

Great minds think alike!

LONDON, UNITED KINGDOM--(Marketwire - Aug. 20, 2010) - Serica Energy plc ("Serica" or the "Company") (TSX VENTURE: SQZ.V)(AIM: SQZ) announces that, on 20 August 2010, two directors increased their beneficial shareholdings in the Company by a total of 100,000 shares:

Paul Ellis (Chief Executive) acquired 50,000 ordinary shares at an average price of 42 pence per share taking his total beneficial shareholding to 926,171 shares representing 0.52% of the voting rights.

Peter Sadler (Chief Operating Officer) acquired 50,000 ordinary shares at an average price of 42.5 pence per share taking his total beneficial shareholding to 76,171 shares representing 0.04% of the voting rights.

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