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
720.11
16:54 07/01/25
n/a
n/a
Oil & Gas Producers
8,292.77
17:14 07/01/25
-1.14%
-95.61
Serica Energy
152.00p
16:34 07/01/25
0.07%
0.10p
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.