RISC completes Independent Reserves Report for Serica Energy’s North Sea assets

RISC was commissioned by Serica Energy to write an independent reserves report for its North Sea assets, using the reserve definitions in SPE Petroleum Resources Management System (PRMS).

RISC’s work was included as part of its financial reporting on AIM, for year-ending 2021.

Serica operates the Bruce, Keith and Rhum fields in the UK Northern North Sea. Serica also operates the Columbus Field, and holds an interest in the Erskine field in the Central North Sea. The Company is listed on AIM under the symbol “SQZ”.

Serica reported positive news that its 2021 average net production 22 boe per day was offset by a small upgrade in reserves since YE2020.

More information can be found in the 2021 Full Year Results and Outlook at https://www.serica-energy.com/

RISC has over 25 years of experience delivering Competent Persons Reports (CPRs), independent expert opinion, due diligence, and reserves and resources reports to organisations around the world. Our reserves reports are used worldwide to support project financing and filings to stock exchanges. This includes LSE, AIM, ASX, TSX, OSL, SGX, and others.

To view some of our most recent reports please visit the public reports section of the website.

For more information on our reports please contact us.