North Sea Oil Dealmaker Sets Sights Abroad in $1 Billion Push bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
The plan marks a departure from the UK North Sea. The retreat comes as production from the aging basin dwindles and operators there see profits eroded by the government’s 2022 windfall tax.
Serica Energy plc (OTCMKTS:SQZZF – Get Rating) rose 8.7% on Monday . The company traded as high as $2.75 and last traded at $2.75. Approximately 5,000 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 9,609 shares. The stock had previously closed at $2.53. Analyst Ratings Changes Separately, […]