Annual Information Form

Serica Energy plc
30 March 2007

FOR IMMEDIATE RELEASE: 30 March 2007

                 SERICA ENERGY PLC ('Serica' or 'the Company')

           2006 ANNUAL INFORMATION FORM AND FORM 51-101 (F1, F2, F3)

Serica (AIM and TSX Venture: SQZ) today announces it has filed its Annual
Information Form and reports (Form 51-101 F1, F2 and F3) (the 'Reports')
containing disclosure relating to the Company's annual reserve data and other
oil and gas information. The Annual Information Form and the Reports can be
assessed at www.sedar.com.

                                                                   30 March 2007

Background Notes

Serica is an international oil and gas exploration and production company with
properties in Western Europe and South East Asia.

The Company's ordinary shares are listed in London on AIM and on the Canadian
TSX Venture Exchange under the symbol 'SQZ'. The 2006 Annual Report and Accounts
can be obtained from the Company's web-site www.serica-energy.com and at
www.sedar.com.

Enquiries:
Serica Energy plc
Paul Ellis,            [e-mail]              [phone]
Chief Executive Officer
Chris Hearne,          [e-mail]             [phone]
Finance Director

JPMorgan Cazenove
Steve Baldwin          [e-mail]    [phone]
                         ---------------------------------- 

Pelham Public Relations
-UK
James Henderson        [e-mail]          [phone]
                                                               
Alisdair
Haythornthwaite        [e-mail] [phone]
                                                               

CHF - Canada
Jan Moir                 [e-mail]                       [phone]
                         ---------------
Heather Colpitts         [e-mail]                   [phone]
                         -------------------


Forward Looking Statements

This disclosure contains certain forward looking statements that involve
substantial known and unknown risks and uncertainties, some of which are beyond
Serica Energy plc's control, including: the impact of general economic
conditions where Serica Energy plc operates, industry conditions, changes in
laws and regulations including the adoption of new environmental laws and
regulations and changes in how they are interpreted and enforced, increased
competition, the lack of availability of qualified personnel or management,
fluctuations in foreign exchange or interest rates, stock market volatility and
market valuations of companies with respect to announced transactions and the
final valuations thereof, and obtaining required approvals of regulatory
authorities. Serica Energy plc's actual results, performance or achievement
could differ materially from those expressed in, or implied by, these forward
looking statements and, accordingly, no assurances can be given that any of the
events anticipated by the forward looking statements will transpire or occur, or
if any of them do so, what benefits, including the amount of proceeds, that
Serica Energy plc will derive therefrom.

The TSX Venture Exchange has not reviewed and does not accept responsibility for
                   the adequacy or accuracy of this release.

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