Serica Energy halts operations at Erskine field
AIM-listed oil and gas company Serica Energy shares slipped on Monday morning after the firm announced that its condensate export pipeline had been blocked.
FTSE AIM All-Share
729.74
13:45 14/11/24
n/a
n/a
Oil & Gas Producers
7,939.01
13:45 14/11/24
0.88%
69.55
Serica Energy
123.30p
13:44 14/11/24
0.57%
0.70p
Serica said the blockage had occurred during routine pipeline cleaning operations of the Lomond to Everest condensate line.
The London-based firm warned investors that its Erskine field operations would be put on hold while the matter was being investigated.
As of 1230 GMT, shares had slipped 6.28% to 83.41p.