Half Year Results 

Serica and the BKR effect

Serica and the BKR effect

Serica Energy (SQZ) generated net operating cash-flow amounting to £89.8m at the half-year, compared to an outflow of £5.29m a year earlier. This was helped along by a recovery in transaction receivables, and a sure illustration of the transformative impact of the deals which captured stakes in the Bruce, Keith and Rhum (BKR) fields in the North Sea.

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