Selling Restriction

Serica Energy plc
16 December 2005

                               SERICA ENERGY PLC

                          ('Serica' or the 'Company')


                              Selling Restrictions


On 13 December 2005, the Company issued 67,368,421 new ordinary shares which
were, together with the 75,180,159 existing ordinary shares of the Company,
admitted to trading on the AIM market of the London Stock Exchange.  Serica's
ordinary shares are also quoted in Canada on the TSX-V Exchange.


Due to Canadian re-sale restrictions, unless specifically permitted by Canadian
securities legislation, the 67,368,421 new ordinary shares in the Company may
not be traded in Canada before 14 April 2006.  In order to prevent any potential
breach of Canadian securities legislation, Serica has instructed its UK
registrar not to transfer any ordinary shares in the Company from the UK
register to the Canadian register prior to 14 April 2006.  Serica shareholders,
however, may transfer ordinary shares in the Company from the Canadian register
to the UK register without restriction.


16 December 2005


Enquiries

Serica Energy plc
Chris Hearne, Finance Director             [phone]






                      This information is provided by RNS
            The company news service from the London Stock Exchange