Serica Energy plc

Serica Energy plc

June 30, 2011 09:09 ET

Serica Energy plc-Annual General Meeting Results

LONDON, UNITED KINGDOM--(Marketwire - June 30, 2011) - Serica Energy plc ("Serica" or the "Company") (TSX:SQZ)(AIM:SQZ) is pleased to announce that all of the resolutions set out in the Notice of Annual General Meeting dated 16 May 2011 were duly passed at the Annual General Meeting held today.

Serica also announces that a statement made by Tony Craven Walker, Chairman, given at the AGM today is available to view at A Company Profile and copy of the presentation made at the AGM are also on the website under Investor Centre/Current Presentations.

30 June 2011

To receive Company news releases via email, please contact and specify "Serica press releases" in the subject line.

The technical information contained in the announcement has been reviewed and approved by Peter Sadler, Chief Operating Officer of Serica Energy plc. Peter Sadler is a qualified Petroleum Engineer (MSc Imperial College, London, 1982) and has been a member of the Society of Petroleum Engineers since 1981.

Notes to Editors

Serica Energy plc is an oil and gas exploration and production company based in London, England, and holds exploration and production licences offshore UK, Spain, Indonesia and in the Atlantic Margin basins of Ireland and Morocco. The Company's key producing and development assets are a 25% interest in the producing Kambuna field offshore Indonesia and a 50% stake in the UK Central North Sea Columbus field. Serica's gross oil and gas production amounts to approximately 2,800 barrels of oil equivalent per day.

The Company is listed on the London AIM market and the Toronto TSX market under the symbol "SQZ".

Forward Looking Statements

This disclosure contains certain forward looking statements that involve substantial known and unknown risks and uncertainties, some of which are beyond Serica Energy plc's control, including: the impact of general economic conditions where Serica Energy plc operates, industry conditions, changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange or interest rates, stock market volatility and market valuations of companies with respect to announced transactions and the final valuations thereof, and obtaining required approvals of regulatory authorities. Serica Energy plc's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that Serica Energy plc will derive therefrom.

Contact Information