Serica Energy
SQZ · AIM · Energy · mcap £1,042m · 279.2p
| Date | Type | Announcement | Day |
|---|---|---|---|
| 01 Oct 26 | Completion of acquisition of Spirit Energy assets
Serica completes acquisition of Spirit Energy Southern North Sea assets for net £33m, adding 10,000 boepd production. |
+2.4% | |
| 28 Sep 26 | Intention to Move from AIM to the Main Market
Serica Energy announces intention to move from AIM to London Stock Exchange Main Market |
+0.1% | |
| 13 Aug 26 | Offer | Termination of Serica Offer for Pharos Energy plc
Serica terminates its takeover offer for Pharos Energy after Pharos board recommends competing offer from Ratio Petroleum. |
−2.7% |
| 13 Aug 26 | Disclosure Table
The following are today's changes to the Disclosure Table: |
−2.7% | |
| 10 Aug 26 | Statement regarding Final Offer
Serica confirms final offer for Pharos Energy at 32.6683 pence per share after Ratio Petroleum tabled higher bid. |
+4.3% | |
| 06 Aug 26 | Results | Results for the six months ended 30 June 2026
H1 2026: production 44,700 boepd, free cash flow $184m, moved to net cash position of $26m. |
+3.1% |
| 27 Jul 26 | Disclosure Table
The following are today's changes to the Disclosure Table: |
−7.3% | |
| 27 Jul 26 | Offer | Recommended acquisition of Pharos Energy plc
Serica to acquire Pharos Energy for 32.67p per share in cash plus special dividend, representing 28.6% premium to undisturbed price. |
−7.3% |
| 23 Jul 26 | New Reserves Based Lending Facilities Completion
Serica completed $750 million reserves-based lending facility with improved terms, replacing existing facility. |
+3.0% | |
| 11 Jun 26 | Completion of acquisition of assets from ONE-Dyas
Serica completes acquisition of 10% Catcher Field stake and 5.21% GEAD interest from ONE-Dyas. |
+3.0% | |
| 02 Jun 26 | Capital Markets Day
Production growth, significant cash generation, and sustainable shareholder returns |
+2.7% | |
| 29 Apr 26 | Pricing of Nordic bond issue
Serica priced $300m five-year senior unsecured bonds at 7.875% coupon, oversubscribed across international markets. |
+2.3% | |
| 24 Apr 26 | Investor meetings and update on current trading
Serica plans fixed income investor meetings for potential senior unsecured bond issuance to refinance RBL debt. |
+1.1% | |
| 17 Apr 26 | Long Term Incentive Plan Awards
Serica Energy grants nil-cost options over 1.64 million shares to executive team and senior management under LTIP. |
−5.4% | |
| 26 Mar 26 | Results | 2025 full-year results
Full-year 2025 results; production fell 20% to 27,600 boepd due to Triton FPSO downtime; four acquisitions announced to lift 2026 production above 65,000 boepd. |
+0.4% |
| 26 Mar 26 | Completion of acquisition of TotalEnergies assets
Serica completes acquisition of 40% operated interest in Greater Laggan Area from TotalEnergies for £1 consideration. |
+0.4% | |
| 21 Jan 26 | Trading and operations update
2025 production 27,600 boepd in line with guidance; 2026 expected to exceed 40,000 boepd following acquisitions. |
+4.1% | |
| 16 Dec 25 | Acquisition of assets from Spirit Energy
Serica to acquire Southern North Sea assets from Spirit Energy for £57m upfront, adding 18.7 mmboe reserves. |
+5.3% | |
| 11 Dec 25 | Completion of acquisition of Prax Upstream Limited
Serica completes acquisition of Prax Upstream Limited for £14.5 million, adding Lancaster field producing 5,900 boepd. |
−3.0% | |
| 27 Nov 25 | Trading and operations update
Q3 production 25,700 boepd impacted by Triton downtime; November rebound to 50,300 boepd; Prax Upstream acquisition completing mid-December. |
−3.7% | |
| 10 Nov 25 | Update: proposed acquisition of UK assets from BP
Proposed acquisition of BP's UK North Sea assets blocked by partner pre-emption rights exercise. |
−3.5% | |
| 04 Nov 25 | Farm-in to UK North Sea P2530 Licence
Serica acquires 40% stake in UK North Sea P2530 licence containing Wagtail oil discovery for £500,000. |
−0.9% | |
| 22 Oct 25 | Update on Move to the Main Market
Main Market listing delayed beyond 2025 due to M&A activity and regulatory disclosure requirements. |
+2.4% | |
| 21 Oct 25 | Update on production at Triton FPSO
Following the announcement on 8 October that an issue with the flare system on the Triton FPSO resulted in a temporary suspension of production, production resumed in line with expectations at a limited level shortly aft |
+4.3% | |
| 13 Oct 25 | Proposed acquisition of North Sea assets from BP
Serica agreed to acquire BP's 32% stake in Culzean gas field and P2544 licence for $232 million upfront. |
+4.6% | |
| 08 Oct 25 | Update on production at Triton FPSO
Flare system issue at Triton FPSO suspends production; guidance for 29,000-32,000 boepd now unachievable. |
−10.6% |
Company filings. Not investment advice.