Serica Energy halts operations at Erskine field
AIM-listed oil and gas company Serica Energy shares slipped on Monday morning after the firm announced that its condensate export pipeline had been blocked.
FTSE AIM All-Share
763.33
16:59 29/04/24
n/a
n/a
Oil & Gas Producers
9,609.31
16:44 29/04/24
-0.41%
-39.70
Serica Energy
201.40p
16:34 29/04/24
-0.89%
-1.80p
Serica said the blockage had occurred during routine pipeline cleaning operations of the Lomond to Everest condensate line.
The London-based firm warned investors that its Erskine field operations would be put on hold while the matter was being investigated.
As of 1230 GMT, shares had slipped 6.28% to 83.41p.