Serica offered four North Sea blocks in 32nd licensing round

Serica Energy announced on Friday that the Oil and Gas Authority has offered its wholly-owned subsidiary, Serica Energy UK, a new licence covering four UK Northern North Sea blocks in the 32nd UKCS Licensing Round.

The AIM-traded firm said it has been offered a 100% operated interest in all four blocks it applied for, being 3/25b, 3/30, 4/26 and 9/5a.

“These blocks are in the vicinity of the Bruce area,” the board said in its statement.

“There are no drilling commitments associated with this offer.”

At 1327 BST, shares in Serica Energy were up 1.02% at 112.33p.