Share Name Share Symbol Market Type Share ISIN Share Description
Serica Energy Plc LSE:SQZ London Ordinary Share GB00B0CY5V57 ORD USD0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 133.80p 129.60p 135.00p - - - 1,200 08:20:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 35.9 46.4 22.0 6.0 355

Serica Energy Share Discussion Threads

Showing 21801 to 21823 of 23450 messages
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DateSubjectAuthorDiscuss
19/4/2019
16:39
We have now.
fardels bear
19/4/2019
16:38
https://www.thetimes.co.uk/article/serica-buys-its-way-into-boom-times-93slnzq93
steelwatch
19/4/2019
16:34
Rather distracted by personal matters at the mo, but have we had this? https://www.energyvoice.com/oilandgas/north-sea/197320/acquisitions-makes-for-staggering-serica-transformation/
steelwatch
19/4/2019
15:59
I believe the other partner's shares are for sale too.Why would you though...Maybe I can buy 25%. :)
fardels bear
19/4/2019
13:42
I've also been I interested in that theory pineapple, if true and applicable to Erskine production there could go on for ages!
bountyhunter
19/4/2019
12:12
If ever a reason were needed to buy some more of Erskine (much of which is up for grabs), I'd say the continual reserved increases would do it for me.
fardels bear
19/4/2019
11:26
Erskine reserves seem to increase every year since they bought it rather than going down. I wonder if there is a much larger feeder field at lower levels seeping in or is it just as a result of improving draining tech. I,ve wondered many times how this seems to often happen. Maybe it brings into question wether the conventional theory of the formation of oil through organic matter buried beneath sedentary rock under anoxic and high pressure conditions is in fact correct and that oil is actually formed via the abiotic theory of non biological origins rising up through the earths rock. I,m no geologist so can't answer that. imho
pineapple1
19/4/2019
11:22
IC article, loaded for me first time, but you may need to register: https://www.investorschronicle.co.uk/shares/2019/04/18/serica-s-post-period-cash-surge/ Or try this one first ⬇️ https://www.investorschronicle.co.uk/shares/2019/04/18/serica-s-post-period-cash-surge/&ct=ga&cd=CAEYACoUMTI0NTE3ODM5NDY1NzYyOTQ1MjEyHDRkN2NiZWMyMmNkOWFhZDg6Y28udWs6ZW46R0I&usg=AFQjCNFHMbJrbXLKSrX8bJo7goauLqIlPg' target='window'>https://www.google.com/url?rct=j&sa=t&url=https://www.investorschronicle.co.uk/shares/2019/04/18/serica-s-post-period-cash-surge/&;ct=ga&cd=CAEYACoUMTI0NTE3ODM5NDY1NzYyOTQ1MjEyHDRkN2NiZWMyMmNkOWFhZDg6Y28udWs6ZW46R0I&usg=AFQjCNFHMbJrbXLKSrX8bJo7goauLqIlPg May need to copy the long link into your search bar for it to function.
steelwatch
19/4/2019
11:16
Why indeed. Why do you think?
fardels bear
19/4/2019
10:56
Decommissioning is 10 years plus in the future why GG you keep going on about it?
reallyrich
19/4/2019
10:33
Farmscan, thanks for the correction, I've corrected that post now and will also correct in the list which I maintain on my mobile thread... From 40% in 2018 Serica gets 50% of cash-flow from the BKR fields in 2019, rising to 60% in 2020 and 2021 and 100% after that.
bountyhunter
19/4/2019
09:57
These are the bits you want GG: Determining the fair value of contingent consideration on BKR acquisitions The Group determines the fair value of contingent consideration payable based on discounted cash flows at the time of the acquisition calculated for each separate component of the contingent consideration. The same models and assumptions are used in the calculation of the fair value of property, plant and equipment arising on the business combination. Any cash flows specific to the contingent consideration also reflect applicable commercial terms and risks (see note 22). Decommissioning provision Amounts used in recording a provision for decommissioning are estimates based on current legal and constructive requirements and current technology and price levels for the removal of facilities and plugging and abandoning of wells. Due to changes in relation to these items, the future actual cash outflows in relation to decommissioning are likely to differ in practice. To reflect the effects due to changes in legislation, requirements and technology and price levels, the carrying amounts of decommissioning provisions are reviewed on a regular basis. The effects of changes in estimates do not give rise to prior year adjustments and are dealt with prospectively. While the Group uses its best estimates and judgement, actual results could differ from these estimates (see note 23). contingent consideration of $209m and decommissioning $29m
nigelpm
19/4/2019
09:50
Bounty it's 2 years at 40%, so 2021 is the final year to BP et al.
farmscan
19/4/2019
09:36
Re revenue going to BP for the next few years... From 40% in 2018 Serica gets 50% of cash-flow from the BKR fields in 2019, rising to 60% in 2020 and 2021 and 100% after that (edited). On decom SQZ will pay 15% after taking into account HMRC's 50% contribution to the 30% liability.
bountyhunter
19/4/2019
08:52
Good results. One comment that needs clarifying is the 2p number of 68mmboe. Alot of that revenue from that for the next few years goes to BP. So to value Sqz on 2p in the ground iant really accurate is it? Any comment on the $29m on the balance sheet fir decom keith and bruce (marabuni share). Some can work out total est. decom cost (less Rhum). And work out 30% Be interested in answers. Abbot, sounds up ur street. Well done holders GG
general george
18/4/2019
23:18
a decent rise on results overall, quite happy with that
bountyhunter
18/4/2019
21:45
but note the 4 X 38700 shares purchased after the close.
the abbot
18/4/2019
16:45
Yes, Happy Easter everyone. Down a bit (to be expected?), but still not a bad end to the week.
farmscan
18/4/2019
16:13
Yes Happy Easter to you and all.
the abbot
18/4/2019
12:51
Happy Easter all.
steelwatch
18/4/2019
12:36
nigelpm - "some" times. "most" times, not. i.e.overall - down.
obmuj
18/4/2019
12:28
Bought back a few I sold. Easy game sometimes.
nigelpm
18/4/2019
12:27
ta - good strategy. I'm already retired and on free carry here. All ISAd too 😉
steelwatch
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