Serica Energy plc has been offered a Traditional Licence in the latest stage of the 27th Offshore Licensing Round, announced by the Department of Energy and Climate Change on Friday 29 November.
Block 113/22 in the East Irish Sea has been offered to a group in which Serica has a 35% interest and is operator for the group. This block is adjacent to Serica Block 113/27c, which contains the Doyle Triassic gas prospect, a fault and dip closed structure which possibly extends into the newly awarded licence. Work commitments include obtaining 150 kilometres of 2D seismic data and a drill or drop decision on a well within 3 years.
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Serica Energy plc
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