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Serica's North Sea deal fails as BP's partners exercise pre-emption rights
Serica Energy (SQZ.L AIM All-Share, Market Cap £814m, 208p, (4.7% of JIC Portfolio) www.serica-energy.com  North Sea oil & gas producer responsible for 5.0% of total UK gas supply. Following the Tailwind acquisition its production is split roughly 50:50 between oil and gas.  Yesterday afternoon, Total and NIO exercised their pre-emption rights over Serica’s acquisition of assets from BP, announced on 12 October.  Conclusion: It’s disappointing news as this looked like a g
John Rosier
Nov 111 min read
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Serica Energy - Another acquisition in the North Sea
Serica Energy (SQZ.L AIM All-Share, Market Cap £700m, 179p, (4.2% of JIC Portfolio) www.serica-energy.com  North Sea oil & gas producer...
John Rosier
Oct 131 min read
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Serica Energy: Great deal to purchase North Sea assets
Serica Energy (SQZ.L AIM All-Share, Market Cap £672m, 172p, (4.1% of JIC Portfolio) www.serica-energy.com  North Sea oil & gas producer...
John Rosier
Sep 308 min read
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Today's News: Reduced production guidance from Serica and Bereneberg starts XPS with 640p price target (currently 350p)
Frustrating news from Serica Energy with further problems at Triton. Guidance for 2025 was reduced to 29,000 to 32,000 boepd from 33,000...
John Rosier
Sep 101 min read
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JIC Portfolio: Short Review of each of my holdings (III)
Bloomsbury Publishing: 4.4% of the portfolio and a total return of 24.9% so far. The performance of Bloomsbury has been disappointing in...
John Rosier
Aug 143 min read
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Serica Energy - Good news - Triton Production Restarts
Serica Energy (SQZ.L AIM All-Share, Market Cap £620m, 158p, (4.2% of JIC Portfolio) www.serica-energy.com  North Sea oil and gas...
John Rosier
Jun 301 min read
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