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Serica Energy plc (SQZ)

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Wednesday 09 May, 2018

Serica Energy plc

Response to US Government statement on Iran

RNS Number : 4322N
Serica Energy plc
09 May 2018
 

 


Serica Energy plc ("Serica" or the "Company")

Response to US Government statement on Iran

London, 9 May 2018 - Serica Energy plc (AIM:SQZ) notes the statements made yesterday evening by President Trump in relation to Iran.

The Company is evaluating the implications of these statements and how they relate to the Rhum field in which th‎e Iranian Oil Company (U.K.) Limited is a 50% partner. We will update the market, as appropriate, in due course.

  

Enquiries:

 

 

 

 

Serica Energy plc

 

 

Tony Craven Walker

Executive Chairman

[email protected]

+44 (0)20 7457 2020

Mitch Flegg

CEO

[email protected]

+44 (0)20 7457 2020

 

 

 

Peel Hunt

 

 

Richard Crichton

[email protected]

+44 (0)20 7418 8900

Ross Allister

[email protected]

+44 (0)20 7418 8900

 

 

 

 

 

 

Instinctif

 

 

David Simonson

[email protected]

+44 (0)20 7457 2020

Laura Syrett

[email protected]

+44 (0)20 7457 2020

George Yeomans

[email protected]

+44 (0)20 7457 2020

 

NOTES TO EDITORS

Serica Energy is an oil and gas exploration and production company with exploration, development and production assets in the UK and exploration interests in the Atlantic margins offshore Ireland, and Namibia. Serica holds an 18% non-operated interest in the Erskine field in the UK Central North Sea.

 

In November 2017 Serica announced the proposed acquisition of BP's interests in the Bruce, Keith and Rhum fields in the North Sea and associated infrastructure. Under the terms of proposed acquisition Serica will acquire a 36% interest in Bruce, a 34.83% interest in Keith and a 50% interest in Rhum (collectively the "BKR Assets"). The deal has an effective date of 1 January 2018 and completion of acquisition is planned to take place in late Q3 2018.

 

Further information on the Company and the proposed acquisition of the BKR Assets can be found at www.serica-energy.com.

 

The Company is listed on the AIM market of the London Stock Exchange under the ticker SQZ and is a designated foreign issuer on the TSX. To receive Company news releases via email, please contact [email protected] and specify "Serica press releases" in the subject line.


 

ENDS

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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