SERICA ENERGY PLC (SQZ) — Acquisition of portfolio of assets in the UK North Sea

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the SERICA ENERGY PLC Investor Presentation. Throughout this quarter presentation, investors will be in listen only mode. Questions are encouraged and they can be submitted at any time at the Q and A tab situated in right hand corner of your screen. Just simply type in your questions and press send. The company may not be in a position to answer every question received in the meeting itself. However, the company can review all the questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. I'd now like to hand you up to CEO, Chris Cox. Good morning to you, sir. Good morning, and welcome. I'm Chris Cox, CEO of SERICA ENERGY, and I'm joined as usual by Martin Copeland, our CFO, and Andrew Bembo, our group investor relations manager. We're here today to discuss the transaction with Prax Upstream, which we announced this morning. Before we get started, I'd just like to offer a quick update on progress on Triton because I know there's a lot of in interest in that. Two weeks ago today, we said that we expected the a compressor running in about a week. That's exactly what happened. So the compressor started up a week ago today as anticipated, and the b compressor should also be available to us soon. So I know I know people are questioning what's going on with Triton. I just wanted to get that out of the way. That's the last time I will mention Triton on this call today. Not planning on taking any questions on it either. This is really about the the transaction we've just announced. So we have a a fairly short presentation to try and explain what was in the release we put out. As already mentioned, you can submit questions as we go, and we will get through as many of thos...