Serica Energy plc Announces Q3 2012 Results LONDON -- (Marketwire) -- 11/14/12 -- *T TSX:SQZ Serica Energy plc ("Serica" or the "Company") Q3 2012 Results London, 14 November 2012 - Serica Energy plc (TSX & AIM: SQZ) announces its financial results for the three and nine months ending 30 September 2012. The results and associated Management Discussion and Analysis are included below and copies are available at www.serica-energy.com and www.sedar.com. Highlights: Serica has continued to make good progress in developing its portfolio during the third quarter and subsequent period to date: The Company: o reached agreement to farm-out its interests in the Moroccan offshore blocks Foum Draa and Sidi Moussa to Cairn Energy and Genel Energy respectively, with potential for drilling in 2013 o completed the largest single continuous offshore 3D seismic survey in Namibia with excellent quality results, processing of data is now underway o received DECC notice that it is content with Columbus Development Plan and that, subject to certain standard conditions, the Secretary of State is minded to issue consent to the plan o completed the farm-out of its 100% interest in UK North Sea Block 22/19c to JX Nippon o commenced the farm out process for its blocks in the Irish Rockall Basin containing the large Muckish prospect o ended the quarter with no debt and US$25.1 million unrestricted cash balance Enquiries: Serica Energy plc Tony firstname.lastname@example.org +44 (0)20 7487 7300 Craven Walker, Chairman Peter email@example.com +44 (0)20 7487 7300 Sadler, Business Development Director Chris firstname.lastname@example.org +44 (0)20 7487 7300 Hearne, CFO J.P.Morgan Cazenove Michael email@example.com Wentworth +44 (0)20 7588 2828 Stanley RBC Capital Markets Matthew firstname.lastname@example.org +44 (0)20 7653 4871 Coakes College Hill Matthew email@example.com +44 (0)20 7457 2020 Tyler Catherine firstname.lastname@example.org +44 (0)20 7457 2020 Wickman Alexandra email@example.com +44 (0)20 7457 2020 Roper Click on, or paste the following link into your web browser, to view the associated PDF document: http://www.rns-pdf.londonstockexchange.com/rns/0495R_1-2012-11-13.pdf This information is provided by RNS The company news service from the London Stock Exchange END Contacts: RNS Customer Services 0044-207797-4400 firstname.lastname@example.org http://www.rns.com
Serica Energy plc Announces Q3 2012 Results
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