Serica Energy (AIM:SQZ) has completed the acquisition from ONE‑Dyas of a 10% interest in the Catcher field and a 5.21% interest in the Golden Eagle Area Development for a settled consideration of $6.75 million.f.
The acquired interests add combined net 2P reserves of 3.0 million boe and 2C resources of 0.5 million boe as at 31 December 2025 and contribute to Serica’s current net production of around 2,500 boepd, which the company says further diversifies its producing portfolio.
On a simple division of the disclosed $6.75 million sum paid by the 3.0 mmboe of 2P reserves the headline price equates to around $2.25 per barrel of 2P reserves, and the underlift cash proceeds are expected in Q3.
