• From January to April 2025, production averaged 26.5 mboe/d. This is consistent with 1Q25 production of 27.6 mboe/d, which benefited from one month of output from Triton.
• Repairs at Triton have been completed, and production remains on track to restart in June. The FY25 production guidance of 33–37 mboe/d, with US$220–250 mm in capex, has been reaffirmed. Assuming 2Q25 production of 25 mboe/d (excluding Triton), this implies 2H25 production of 41–47 mboe/d.
• The BE01 well (SQZ: 100% WI) has ....

22 May 2025
Serica Energy Plc (AIM: SQZ): Another very good well result. Triton on track, robust production and cashflow expected in 2H25

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Serica Energy Plc (AIM: SQZ): Another very good well result. Triton on track, robust production and cashflow expected in 2H25
Serica Energy PLC (SQZ:LON) | 168 0 0.0% | Mkt Cap: 662.2m
- Published:
22 May 2025 -
Author:
Stephane Foucaud -
Pages:
5 -
• From January to April 2025, production averaged 26.5 mboe/d. This is consistent with 1Q25 production of 27.6 mboe/d, which benefited from one month of output from Triton.
• Repairs at Triton have been completed, and production remains on track to restart in June. The FY25 production guidance of 33–37 mboe/d, with US$220–250 mm in capex, has been reaffirmed. Assuming 2Q25 production of 25 mboe/d (excluding Triton), this implies 2H25 production of 41–47 mboe/d.
• The BE01 well (SQZ: 100% WI) has ....