Nov 9, 2010

UK's Serica Energy explores sale of Indonesian assets



Serica Energy said it was looking at strategic options for its Indonesian assets, including a possible sale, sending the British oil and gas explorer's shares up as much as 20 percent.
Serica will consider a range of options, including selling all or part of its Indonesian operations or exchange its output from Indonesia for UK or Western European production.
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Source: Reuters

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