Serica Energy plc has completed its purchase of a 10% interest in the Catcher field and 5.21% in the Golden Eagle Area Development in the UK central North Sea. RESOURCE The acquisition from ONE-Dyas adds combined net 2P reserves of three million barrels of oil equivalent and 2C resources of 0.5 Mmboe, as at 31 […]
Tag: Golden Eagle Area Development
Serica to buy Lancaster field owner, Prax
Serica Energy plc has agreed a $25.6 million purchase of Prax Upstream Ltd and Prax Exploration & Production plc, owner of the Lancaster field, west of Shetland in the North Sea. BOOST The acquisition also includes Prax Upstream’s sale and purchase agreements with TotalEnergies and ONE-Dyas. On completion, Serica will own a 40% operated interest […]
EnQuest plans to raise £36m for Golden Eagle
EnQuest plc today proposed a firm placing, placing and open offer to help finance its planned acquisition of a 26.69% non-operated equity interest in the Golden Eagle Area Development in the UK Central North Sea. The area comprises the producing Golden Eagle, Peregrine and Solitaire fields. The company intends to raise gross proceeds of up […]