Serica Energy PLC. Stock Analysis SQZ.L

Serica Energy Plc engages in the exploration, development, and production of oil and gas. The principal activity of the Company and its subsidiaries is to identify, acquire and subsequently exploit oil and gas reserves. Its asset portfolio includes Bruce, Keith, Rhum; Triton Area; Columbus; Orlando; Erskine; Greater Buchan Area (GBA); Mansell; Skerryvore; and Fynn Beauly. The company is the owner and operator of the Bruce (98%), Keith (100%) and Rhum (50%) assets consisting of over 25 wells, three bridge-linked platforms and extensive subsea pipelines and infrastructure that tie-in Rhum, Keith and the Western Area of Bruce to the Bruce facilities. The Triton Area consists of eight oil-producing fields developed via common infrastructure in the United Kingdom Central North Sea. Columbus Development is located in the United Kingdom Central North Sea. The firm also holds West of Shetland, including Greater Laggan Area offshore fields and associated Shetland Gas Plant.