Serica Energy has announced that the acquisition from ONE-Dyas of a 10% interest in the Catcher Field and a 5.21% interest in the Golden Eagle Area Development ('GEAD'), has now completed.

The acquisition further diversifies Serica's producing portfolio, with current net production of around 2,500 boepd, and adds combined net 2P reserves of 3.0 mmboe and 2C resources of 0.5 mmboe as at 31 December 2025.

Serica has settled the consideration of $6.75 million, and has received a payment of $13.0 million, reflecting interim post-tax cashflows between the Economic Date of 1 January 2024 and the date of completion. In addition, Serica will receive around 85,000 barrels of oil equivalent in respect of an underlift position, with the associated cash proceeds of c.$8 million to be received in Q3.

KeyFacts Energy: Serica Energy UK country profile    l   KeyFacts Energy: Acquisitions & Mergers news