(Alliance News) - Serica Energy PLC and Kistos PLC on Tuesday said they do not intend to make offers for each other after both rejected approaches from the other. Read More
(Alliance News) - Serica Energy PLC and Kistos PLC on Monday both confirmed that Kistos had sent Serica a revised non-binding proposal regarding a potential takeover that was unanimously rejected by Serica's board. Read More
Serica Energy PLC - London-based oil & gas company - Says commodity prices have been "exceptionally strong" since the start of 2022 with a resulting positive impact on income. July gas price to date stands at 191.8 pence per therm, up compared to 124.8 pence in June. "The 2022 year-to-date gas price has averaged 177p/therm which is significantly higher than the 2021 full year average of around 113p/therm," it notes. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in London were lower at midday on Tuesday on fears that central bank moves to fight inflation will spark a recession, while the euro hit parity against the dollar for the first time in almost 20 years. Read More
(Alliance News) - Kistos PLC and Serica Energy PLC on Tuesday revealed they have traded takeover offers, with each rejecting the other as they mull combining to create a company that could rank within the FTSE 250 index. Read More
Serica Energy PLC - London-based oil & gas company - Says the North Eigg exploration well in the Northern North Sea spudded on Monday. If successful, Serica says the reservoir will be gas filled and provide low emissions gas to the UK domestic market during 2025 to 2035. "It is anticipated that a discovery at North Eigg would be developed utilising Serica's nearby 98% owned and operated infrastructure on the Bruce platform," the company notes. Read More
(Alliance News) - Shares in Serica Energy PLC climbed on Monday after the company said it expects its planned investments to be eligible for tax savings, offsetting "a large element" of the UK's Energy Profits Levy. Read More
(Alliance News) - Stocks in London ended higher on Friday after data showed a key measure of US inflation eased, fuelling hopes that price increases could be slowing. Read More
(Alliance News) - A subsidiary of London-based oil giant BP PLC sold a 5.0% stake in UK-focused oil and gas company Serica Energy PLC, it was announced on Thursday. Read More
Serica Energy PLC - gas producer in UK North Sea - BP Exploration Operating Co Ltd intends to sell up to 13.5 million shares in Serica, reflecting a 5.0% interest in the company. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and Wednesday not separately reported by Alliance News: Read More