Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Oil & Gas

Serica Energy shares drop on pipeline blockage

The North Sea oiler's Erskine field will be offline as a result of the problem

Serica Energy PLC (LON:SQZ) shares fell on Monday after the company cautioned that there has been a blockage in the Lomond to Everest export pipeline.

The blockage occurred during routine pipeline cleaning operations, and it means that the company's Erskine field will be offline.

READ: Serica Energy shares drop as Forties pipeline shutdown hits Erskine field

“The cause is currently being investigated and during this period, the Erskine field will be unable to produce. An update will be issued as soon as further information is available,” the company said in a statement.

Changing hands at 83.3p, Serica shares were down 5.7p or 6.4%.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK