Serica Energy signs rig contract for six-well UK drilling campaign

• Serica Energy signed a contract for the Odfjell Drilling-operated Beacon Pacific rig for a UK Continental Shelf drilling campaign.
• The contract covers six firm wells, with options for additional activity.
• Drilling is expected to start at Bruce in Q3 2027, targeting more than 10,000 barrels of oil equivalent per day.
• First production from Bruce could begin approximately 12 months after drilling starts.
• The wider campaign could add up to 30,000 boepd, supporting portfolio production of 50,000 boepd into the next decade.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Serica Energy plc published the original content used to generate this news brief on November 02, 2026, and is solely responsible for the information contained therein.