Serica CEO Paul Ellis said, "the award of these new licenses increases our portfolio of drillable exploration prospects in the UK North Sea, where we intend to commence a drilling program next year."
Serica was awarded Block 23/16f and the southern half of Block 14/15. The Company's partner in Block 23/16f is Endeavour Energy Limited and in Block 14/15 Serica has Paladin Expro Limited as its partner. In both blocks, Serica has an interest of 50% and is the operator.
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