TSX: SQZ       Serica Energy Plc
Last Price Today's Change   Day's Range   Trading Volume
0.00   0.00 (0.00%)  0.00 - 0.00  0


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Business Background

Serica Energy plc is an oil and gas exploration and development company. The Company has activities in Ireland, Namibia and Morocco, and an economic interest in an oilfield offshore Norway. The Company's main business is the acquisition of interests in prospective exploration acreage, the discovery of hydrocarbons in commercial quantities and the crystallization of value whether through production or disposal of reserves. The Company is involved in three active gas-focused exploration projects in the United Kingdom, each of which has potential and in two of which it is carried by third parties. In Ireland, the Company holds 100% interests in two large swathes of blocks in the Atlantic Margin Rockall Basin. In Namibia, the focus was the processing and interpretation of the three-dimensional (3D) seismic survey. In Morocco, the Company drilled a deepwater well in over 1,500 meters of water and to a total depth of 5,255 meters.

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