Indonesian Operations Update

Serica Energy plc 21 November 2007 Serica Energy plc ('Serica' or the 'Company') SERICA INDONESIAN OPERATIONS UPDATE London, 21 November 2007 - Serica Energy plc (AIM & TSX-V: SQZ) is pleased to announce that the Global Santa Fe 136 jack-up drilling rig has completed its current operations and is now being prepared for mobilisation to Serica's Biliton PSC in the Java Sea, Indonesia, where it will drill two exploration wells. It is expected that the first well, the Batara Ismaya North #1, will be spudded at the start of December 2007 and, later that month, the rig will spud the second Biliton well, Batara Indra North #1. Serica has a 45% interest in the Biliton PSC and is the operator. The majority of Serica's costs for these two wells are being carried by a farminee. Enquiries: Serica Energy plc Paul Ellis, paul.ellis@serica-energy.com +44 (0)20 7487 7300 Chief Executive Officer Chris Hearne, chris.hearne@serica-energy.com +44 (0)20 7487 7300 Finance Director JPMorgan Cazenove Steve Baldwin steve.baldwin@jpmorgancazenove.com +44 (0)20 7588 2828 Tristone Capital Limited Majid Shafiq mshafiq@tristonecapital.com +44 (0)20 7355 5872 Pelham Public Relations -UK James Henderson james.henderson@pelhampr.com +44 (0)20 7743 6673 Alisdair Haythornthwaite alisdair.haythornthwaite@pelhampr.com +44 (0)20 7743 6676 CHF - Canada Sarah Gingerich sarah@chfir.com +1 416 868 1079 The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. To receive Company news releases via email, please contact sarah@chfir.com and specify 'Serica press releases' in the subject line. This information is provided by RNS The company news service from the London Stock Exchange
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