Serica Energy plc
10 December 2007
Serica Energy plc
('Serica' or the 'Company')
SERICA TO SPUD FIRST OF TWO BILITON WELLS
London, 10 December 2007 - Serica Energy plc (AIM & TSX-V: SQZ) is pleased to
announce that the Global Santa Fe 136 drilling rig is now on location in the
Biliton Block in the Java Sea, Indonesia and that drilling of the Batara Ismaya
#1 exploration well is expected to commence today. Immediately following this
well, the Global Santa Fe Rig 136 will drill the next Biliton exploration well
on the Batara Indra North prospect.
Serica has a 45% interest in the Biliton PSC and is the operator. The majority
of Serica's cost for these two wells is 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
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.