Serica has appointed two further independent non-executive directors of the Company effective upon the completion of the proposed
acquisition by Serica UK of BP’s interests in the Bruce, Keith and Rhum fields (the “BKR Acquisition”) and associated infrastructure in the North Sea and the re-admission of the Company's Ordinary Shares to trading on AIM.

Trevor William Garlick, Proposed Independent Non-Executive Director

Trevor Garlick will join the Board as an independent Non-Executive Director, subject to BKR Completion. He started his career in 1982 with Marathon Oil International, before joining BP in 1986, where he worked for 30 years, latterly as Regional President for BP in UK and Norway from 2010 until his retirement in 2016. He was the Operator's Chair of the industry association, Oil & Gas UK, from 2014 to 2016. Trevor is currently a director of Opportunity North East Limited and Vice Chairman of the Oil & Gas Technology Centre. He holds a BSc in Geology and an MEng in Petroleum Engineering.

Malcolm Webb, Proposed Independent Non-Executive Director

Malcolm Webb will join the Board as an independent Non-Executive Director, subject to BKR Completion. He started his career with Burmah Oil Company in 1974, before joining the British National Oil Corporation in 1976 and Charterhouse Petroleum in 1981, as a solicitor working in various legal roles. Between 1986 and 1999 he worked in the Petrofina SA Group in various senior management roles, leaving as Managing Director of Fina plc. In 2001 he joined the UK Petroleum Industry Association as Director General.  Between 2004 and 2015 he served as Chief Executive to the industry association, Oil & Gas UK.

Tony Craven Walker, Chairman of Serica Energy commented:
“I am delighted to welcome the proposed appointment of Trevor Garlick and Malcolm Webb as NonExecutive Directors of Serica. Both bring with them exceptional experience in the oil and gas sector, the North Sea and international operations, and the broader industry through their work with industry bodies including Oil & Gas UK. They will be of great support and we look forward to their strategic counsel as we seek to build Serica in the times ahead.”