Serica Energy to acquire entire BP’s stake in the UK Central North Sea licenses
LONDON: Serica Energy plc (AIM: SQZ) announced the signing of an agreement to acquire the entirety of BP’s stake in the P111 and P2544 licences, located in the UK Central North Sea. Completion is subject inter alia to the waiver of applicable pre-emption rights. The proposed acquisition comprises a 32% non-operated working interest in the…