Serica Energy has completed the acquisition of a portfolio of Southern North Sea assets from Spirit Energy and certain affiliates. The acquired portfolio includes interests in a number of producing gas fields, including a 15% non-operated interest in the Cygnus field and a 25% non-operated interest in the Clipper South field. It also includes operated positions in the Greater Markham Area, as well as other operated and non-operated interests in gas fields across the Southern North Sea.

Acting as Dutch legal counsel to Serica Energy, we advised on the Dutch energy regulatory aspects of the transaction, drawing on our experience in complex transactions in the energy and infrastructure sector. 

Serica Energy is an independent British oil and gas company with a broad portfolio of assets in the UK Continental Shelf. Read Serica Energy’s press release here.