Serica Names Vann Director

Serica Energy (UK) Limited reported that Ian Vann is joining the Board as a non-executive director effective July 1, 2007.

Vann was employed by BP from 1976. He was appointed Chief Geologist of the BP group in 1988, followed by posts as General Manager International Exploration and General Manager Africa, before returning to global exploration as Technology Vice President Exploration in 1996. Vann was appointed to the executive leadership team of the Exploration & Production Division of BP in 2001 initially as Group Vice President, Technology and then as Group Vice President, Exploration and Business Development in 2004. Under a number of different job titles Vann directed and led BP's global exploration efforts from 1996 until his recent retirement in January 2007.

Vann is an active member of a number of professional associations including the Geological Society, the American Association of Petroleum Geologists, the Society of Exploration Geophysicists, the European Association of Geoscientists and Engineers and the Institute of Directors.

Tony Craven Walker, Chairman, said:

"Ian's experience in the international oil and gas exploration business over the past 30 years will bring considerable benefit to the Board of Serica as the Company continues to build on the exploration success that it has seen in the North Sea and Indonesia. Our objectives are to bring the benefits of that success back to shareholders and to lay the foundations for future growth. We are delighted that Ian has accepted our invitation to join the Board and look forward to working with him immensely."

Serica Energy plc is an international oil and gas exploration company with operations in the UK, Norway, Spain, Ireland, Indonesia and Vietnam. It is currently developing a gas-condensate field in Indonesia (the Kambuna field) and appraising a gas-condensate discovery in the UK North Sea (the Columbus field).


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