(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and not separately reported by Alliance News: Read More
Serica Energy PLC - London-based upstream oil & gas company with operations in the UK North Sea - Average net production for the year to June 23 is 43,781 barrels of oil equivalent per day, within its production guidance of 41,000 to 46,000 boe/d. Operating costs are about USD20 per barrel of oil equivalent. Chair & Interim CEO David Latin said: "Over just a few years Serica has been transformed from a small international exploration focussed company into one of the top 10 producers in the UK North Sea, safely and responsibly operating complex facilities offshore and growing its 2P reserves some 35 times since the beginning of 2015." He added: "We are rightly proud of our track record of growth and value creation, and we aim to repeat the same in the future. Unfortunately, recent and potential future increases in UK oil and gas taxes make that increasingly difficult. Consequently, while we remain watchful for opportunities in the UK that might be attractive despite this increasingly challenging context, we are also looking very actively overseas." Read More
(Alliance News) - Serica Energy PLC on Monday announced the completion of its inaugural share buy back programme. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Serica Energy PLC on Monday said it has received final approval from the UK government's North Sea Transition Authority to develop the Belinda field. Read More
(Alliance News) - London's FTSE 100 is called to open higher at the start of the week, while the pound climbed and gold hit another record high, with investors hopeful the Federal Reserve could soon cut US interest rates. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - Serica Energy PLC on Tuesday announced the appointment of Chris Cox as chief executive officer with effect July 1. Read More
(Alliance News) - Serica Energy PLC on Wednesday said its full-year earnings were hurt by a drop in natural gas prices, and also announced the launch of a share buyback programme. Read More
(Alliance News) - Stocks in London are set to open higher on Wednesday, as the release of some key US data edges closer Read More
(Alliance News) - Serica Energy PLC on Thursday heralded a good start to 2024, maintaining annual guidance, though it criticised the extension of the energy profits levy announced in the UK government budget on Wednesday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning: Read More
(Alliance News) - Serica Energy PLC and Jersey Oil & Gas PLC on Monday said they have completed the Greater Buchan Area farm-out agreement. Read More
(Alliance News) - Serica Energy PLC on Monday set its production guidance for 2024, and said recently appointed chief fiancial officer, Martin Copeland, has officially begun his role at the company. Read More
Serica Energy PLC - oil and gas company operating in the UK North Sea - Chief Executive Officer Mitch Flegg will step down from his role, after a six-year tenure and "some forty years in the industry", after Serica's full year results are published. He will remain as an advisor until after the next annual general meeting, which Serica expects to convene in June this year. Chair David Latin will take over as interim CEO until the company appoints a long-term successor. Serica says Flegg "leaves the company in its best ever health". Company has commenced search for a successor, to be supported by external advisors. Read More
Serica Energy PLC - London-based upstream oil and gas company - Announces completion of its USD525 million, six-year reserves-based lending facility "following satisfaction of the conditions precedent". In December, the company signed the secured RBL facility, structured and coordinated by DNB and ING Bank NV, with support from Nedbank CIB, Natixis, London Branch and ICBC Standard Bank PLC. Serica said that the facility would provide "significantly increased liquidity to support future acquisitions and investments". The facility replaces Serica's former RBL facilities, which had USD271 million drawn. In December, the company said that this amount would be fully repaid upon the new facility's completion. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More