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Published 2 months ago

Serica Closes GBA Stake Acquisition from Jersey Oil

Summary by Ground News
Serica Energy (UK) Limited has completed the acquisition of 30 percent non-operated interest in the P2498 and P2170 licenses in the North Sea. Subject to project sanction and regulatory approval, the target for first production from Buchan is the fourth quarter of 2026. The GBA encompasses several oil and gas accumulations around 93.2 miles (150 kilometers) northeast of Aberdeen.

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