Offshore staff

LONDON -- Serica Energy Plc. has won blocks 27/4, part of 27/5, and 27/9 in Slyne basin off the west coast of Ireland in 200-300 m of water.

The blocks have been covered by 3D seismic and Serica will reprocess around 300 sq. km. of this data as part of its work program. If Serica elects to proceed to the second phase of the licence it will drill at least one exploration well.

"Our technical team has a detailed understanding of the Slyne basin and is looking forward to reevaluating its undoubted prospectivity with the benefit of modern 3D seismic data." says Serica COO Chris Atkinson.

8/22/06