Serica Energy PLC

Serica Energy PLC (SQZ) · 2026-10-27

Main Market Admission, AIM Cancellation, New TIDM

Serica Energy expects to move from AIM to the FCA Official List and London Stock Exchange Main Market at 8:00am on 27 October, with AIM trading cancelled at the same time.

Serica Energy PLC (SQZ) · 2026-10-19

Trading and Operations Update

Serica Energy now expects average 2026 production to be just below 40,000 boepd after an engine change extended Triton FPSO maintenance, with the operator forecasting production resumption around the end of November 2026. Serica nevertheless maintained its 2026 post-tax CFFO guidance.

Serica Energy PLC (SQZ) · 2026-10-01

Completion of acquisition of Spirit Energy assets

Serica completed its Spirit Energy asset acquisition, paying net £33m after interim cash flows reduced £57m upfront consideration; it adds around 10,000 boepd.

Serica Energy plc (SQZ) · 2026-09-28

Intention to Move from AIM to the Main Market

Serica intends to transfer its existing shares from AIM to the Main Market, subject to regulatory approvals, with admission targeted before end-October 2026. No fundraising or new shares are involved.

Serica Energy plc (SQZ) · 2026-08-10

Statement regarding Final Offer

Serica Energy confirmed its 32.6683 pence-per-share offer for Pharos is final, after Ratio announced an increased offer backed by 41.76% irrevocable undertakings.

Serica Energy plc (SQZ) · 2026-08-06

Results for the six months ended 30 June 2026

Serica Energy cut 2026 production guidance to above 40,000 boepd as Spirit Energy completion moved to 1 October 2026.

Serica Energy plc (SQZ) · 2026-07-27

Recommended acquisition of Pharos Energy plc

Serica has agreed a recommended GBP145.7m scheme to acquire Pharos, offering 32.6683p per share including a proposed 4.0p special dividend. The scheme is conditional on regulatory approvals in Vietnam and Egypt and is expected to become effective in H1 2027.

Serica Energy Plc (SQZ) · 2026-07-23

New Reserves Based Lending Facilities Completion

Serica Energy Plc has completed new six-year senior secured Reserves Based Lending facilities totalling $750 million, split between a $500 million revolving loan and a $250 million letter of credit facility. The new banking syndicate has 11 banks and the facilities replace the company's current $525 million RBL facility.

Serica Energy plc (SQZ) · 2026-06-11

Completion of acquisition of assets from ONE-Dyas

Serica Energy completed the acquisition of ONE-Dyas assets, adding current net production of approximately 2,500 boepd. The company settled $6.75 million in consideration while receiving $13.0 million in interim cashflows and an $8 million expected underlift payment.