Serica Energy plc Response to US Government statement on Iran (4322N)
May 09 2018 - 2:01AM
UK Regulatory
TIDMSQZ
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 th e 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 +44 (0)20
Executive Chairman tony.cravenwalker@serica-energy.com 7457 2020
Mitch Flegg +44 (0)20
CEO mitch.flegg@serica-energy.com 7457 2020
Peel Hunt
+44 (0)20
Richard Crichton richard.crichton@peelhunt.com 7418 8900
+44 (0)20
Ross Allister ross.allister@peelhunt.com 7418 8900
Instinctif
+44 (0)20
David Simonson david.simonson@instinctif.com 7457 2020
+44 (0)20
Laura Syrett laura.syrett@instinctif.com 7457 2020
+44 (0)20
George Yeomans george.yeomans@instinctif.com 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
serica@instinctif.com 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
END
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