Overview
Serica Energy, named for a 19th-century clipper ship engaged in the tea trade between Asia and Europe, sets its sails for oil and gas exploration on both continents. The company explores for and produces oil and gas offshore in Indonesia, Ireland, Morocco, Spain, and the UK. In 2010 Serica Energy reported proved and probable reserves of 8.7 billion barrels of oil of oil equivalent. The company's key producing and development properties are a 25%
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Read More stake in the Kambuna field offshore Indonesia and a 50% stake in the UK Central North Sea Columbus field. To raise capital to reinvest in core properties, in 2010 Serica Energy sold some assets in Indonesia and Vietnam to KrisEnergy for $105 million.
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Read More stake in the Kambuna field offshore Indonesia and a 50% stake in the UK Central North Sea Columbus field. To raise capital to reinvest in core properties, in 2010 Serica Energy sold some assets in Indonesia and Vietnam to KrisEnergy for $105 million.
Read Less
Martin Francis David Copeland
See more contacts
Support Activities for Mining
,
Natural Gas Distribution
,
Mining, Quarrying, and Oil and Gas Extraction
,
Oil and gas field services, nec
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Gas production and/or distribution
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Estimated
$727.18 million
Actual
-7.83%
-27.65%
$1,464
DEC
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?
London SETS:SQZ
Contacts
Get in Touch with 9 Principals* and 22 Contacts
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Martin Francis David CopelandDirector
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Find out more.
Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$727.18 million
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $282 | $121 | $678 |
| Net Investing Cash | -$254 | -$135 | -$226 |
| Net Financing Cash | -$213 | -$193 | -$55 |
| Net Change in Cash | -$186 | -$206 | $397 |
| Cash at Beginning of Period | $335 | $523 | $125 |
| Cash at End of Period | $148 | $335 | $523 |
| Capital Expenditure | -$260 | -$98 | -$118 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $117 | $312 | $523 |
| Accounts Receivable | $57 | $106 | $163 |
| Inventories | $15 | $14 | $5 |
| Other Current Assets | $208 | $129 | $29 |
| Asset Summary | |||
| Total Current Assets | $398 | $561 | $720 |
| Tangible Fixed Assets | $1,012 | $908 | $323 |
| Intangible Assets | $ | $ | $ |
| Total Assets | $1,465 | $1,576 | $1,043 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $41 | $22 | $84 |
| Short-Term Debt | $ | $ | $ |
| Other Current Liabilities | $165 | $232 | $213 |
| Liability Summary | |||
| Total Current Liabilities | $206 | $254 | $297 |
| Long-Term Debt | $219 | $271 | $ |
| Other Long-Term Liabilities | $ | $ | $ |
| Total Liabilities | $668 | $742 | $548 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $39 | $39 | $27 |
| Retained Earnings | $250 | $277 | $260 |
| Equity Summary | |||
| Total Equity | $796 | $834 | $494 |
| Shares Outstanding | 389,461,122 | 391,321,053 | 272,953,372 |