Last 4.70 GBp
Change Today -0.175 / -3.59%
Volume 80.2K
SQZ On Other Exchanges
Symbol
Exchange
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OTC US
As of 11:35 AM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

serica energy plc (SQZ) Snapshot

Open
4.75 GBp
Previous Close
4.88 GBp
Day High
4.75 GBp
Day Low
4.50 GBp
52 Week High
12/20/13 - 16.50 GBp
52 Week Low
12/19/14 - 4.50 GBp
Market Cap
11.8M
Average Volume 10 Days
376.6K
EPS TTM
-0.09 GBp
Shares Outstanding
250.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SERICA ENERGY PLC (SQZ)

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serica energy plc (SQZ) Details

Serica Energy plc identifies, acquires, explores, and exploits oil and gas reserves in the United Kingdom, Ireland, Namibia, Morocco, and Norway. The company was founded in 2004 and is based in London, the United Kingdom.

10 Employees
Last Reported Date: 04/10/14
Founded in 2004

serica energy plc (SQZ) Top Compensated Officers

Chairman, Chief Executive Officer, Member of ...
Total Annual Compensation: $519.0K
Finance Director and Director
Total Annual Compensation: $474.0K
Chief Operating Officer, Executive Director a...
Total Annual Compensation: $474.0K
Consultant
Total Annual Compensation: $111.0K
Compensation as of Fiscal Year 2013.

serica energy plc (SQZ) Key Developments

Serica Energy plc Concludes Drilling & Testing in Sidi Moussa Licence, Offshore Morocco

Serica Energy plc confirmed that testing operations have now concluded on the SM-1 well (Serica 5% working interest) on the Sidi Moussa Licence, offshore Morocco. The well was drilled to a total depth of 2,825 metres sub-sea and encountered oil in fractured and brecciated cavernous Upper Jurassic carbonates. During the course of drilling and well control operations, 26 degree API oil was produced to surface with the drilling fluids. A subsequent testing programme confirmed the presence of oil but it was not possible to achieve all of the objectives of the testing programme, most likely as a consequence of the significant reservoir damage suffered during the earlier well control operations. Further evaluation of the drilling and testing results is required before any definitive conclusions can be drawn. The well will now be plugged and abandoned and the Noble Paul Romano semi-submersible rig will be released.

Serica Energy plc Provides Update on Sidi Moussa Operations

Serica Energy plc confirmed that the SM-1 well in the Sidi Moussa block offshore Morocco has reached a total depth of 2,825m MDBRT and encountered oil during drilling operations. Preparations are underway to perform cased hole testing.

Serica Energy PLC Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2014

Serica Energy PLC reported unaudited consolidated earnings results for the six months ended June 30, 2014. For the period, the company has posted operating loss from continuing operations of $2,570,000 against $2,532,000 a year ago. Loss before taxation was $2,554,000 against $2,560,000 a year ago. Loss after taxation and loss for the period was $2,554,000 or $0.01 basic and diluted per share against loss for the period of $2,560,000 or $0.01 basic and diluted per share a year ago. Net cash outflow from operations was $1,382,000 against net cash inflow from operations of $510,000 a year ago. Purchase of E&E assets was $5,861,000 against $8,822,000 a year ago.

 

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