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SQZ Serica Energy Plc

196.20
2.40 (1.24%)
Last Updated: 10:49:25
Delayed by 15 minutes
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
  2.40 1.24% 196.20 193.20 196.10 206.80 195.00 200.00 2,271,957 10:49:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 812.42M 177.8M 0.4578 4.29 763.1M

Serica Energy Extends BP Asset Acquisition Completion Date by One Month

07/09/2018 10:51am

Dow Jones News


Serica Energy (LSE:SQZ)
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By Oliver Griffin

 

Serica Energy PLC (SQZ.LN) said Friday that it has agreed with BP PLC (BP.LN) to extend the completion of its acquisition of three North Sea oil fields by up to one month, until early November.

In November 2017, Serica bought interests in the Bruce, Keith and Rhum fields--together known as the BKR transaction--from BP for 52 million pounds ($67.2 million). The oil-and-gas company said the extension is to allow outstanding regulatory and partner processes to be completed.

The company said it and BP are working closely and are committed to achieving this new timetable.

 

Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin

 

(END) Dow Jones Newswires

September 07, 2018 05:36 ET (09:36 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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