Press

Serica Energy: Bruce, Keith and Rhum Fields Restart

Posted by OilVoice Press - OilVoice

12-Jan-2018


London, 12 January 201 8 – Serica Energy plc (AIM: SQZ) is pleased to report that it has been informed by BP Exploration Operating Company (“BPEOC”) , as operator of Bruce, Keith and Rhum , that the se field s ha ve each resumed production , following the successful repair of the Forties Pipeline System.

The fields were shut in on 11 December 2017 , along with all the other fie lds using the s ystem and have been brought back into production as part of a phased restart of the whole Forties Pipeline System.

On 21 November 2017, Serica announced that it had signed a Sale and Pur chase Agreement to acquire i nterests in the Bruce, Keith and Rhum fields from BP , subject to certain regulatory, government and partner consents. The deal has an effective date of 1 January 2018 and Completion of the Acquisition is expect ed to take place in mid - 2018.

Technical Information

The technical information contained in the announcement has been reviewed and approved by Clara Altobell, VP Technical at Serica Energy plc. Clara Altobell (MSc in Petroleum Engineering from Imperial College, London) has over 20 years of experience in oil & gas exploration, production and development and is a member of the Society of Petroleum Engineers (SPE) and the Petroleum Exploration Society of Great Britain (PESGB).

Regulatory

This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

Serica EnergyAIMBPEOCBPBP Exploration Operating CompanyBruceKeithRhum

More items from oilvoice


Cue Energy Quarterly Report Q1 FY19

SUMMARY OF ACTIVITIES Highlights $3.9 million net cashflow for the quarter, increasing cash to $20.86m Paus Biru -1 Exploration well commenced operations WA-359-P 12 month Suspension and Extension granted Sustainable Business Total net production of 27,270 barrels (bbls) of ...

OilVoice Press - OilVoice


Posted 3 hours agoPress > ReportCue Energyexploration +3

88 Energy Limited Conventional Portfolio Update

88 Energy Limited (ASX: 88E) (“88 Energy” or the “Company”) provides the following update related to ongoing work on its conventional prospect portfolio at Project Icewine, located on the Central North Slope, Alaska. Highlights Icewine 3D seismic inversion substantially complete for both shal ...

OilVoice Press - OilVoice


Posted 3 hours agoPress > 88 EnergyPortfolio UpdateASX +6

Total - Australia: Ichthys LNG Project Begins Gas Exports

Paris – Total announces that the first cargo of liquefied natural gas (LNG) from Ichthys LNG has left Darwin, in the Northern Territory of Australia, following the production start-up at the end of July. Ichthys LNG will develop reserves of more than 3 billion barrels of oil equivalent located o ...

OilVoice Press - OilVoice


Posted 3 hours agoPress > TotalAustraliaIchthys +5

Gazprom to Start Production Drilling at Kovyktinskoye Field in 2019

A working meeting between  Alexey Miller , Chairman of the Gazprom Management Committee, and Sergey Levchenko, Governor of the Irkutsk Region, took place in St. Petersburg today. Alexey Miller Enlarged photo (JPG, 3.2 MB) The parties discussed ongoing and future cooperation, noting th ...

OilVoice Press - OilVoice


Posted 3 hours agoPress > GazpromProductionDrilling +6

Technical Analyst: Oil Stock Looking Set to Break Higher

Technical analyst Clive Maund charts a small-cap oil and gas company with a play in Oklahoma's SCOOP region that he sees as a strong buy. With a market crash drawing closer the only sector we will generally be buying at this time is the precious metals sector, which is about the only sector ...

OilVoice Press - OilVoice


Posted 18 hours agoOpinion > Streetwise ReportsOil StocksScoop +5
All posts from oilvoice