Serica Energy plc Appointment of Chief Executive Officer

Serica Energy plc, a British independent upstream oil and gas company, announces the appointment of Chris Cox as Chief Executive Officer (“CEO”). This will take effect on 1 July 20241, with David Latin (Chairman of Serica) ceasing his temporary role as Interim CEO at the same time.

Chris Cox has over forty years experience in oil and gas in a wide range of roles with Majors and Independents. For the last two decades he has been leading complex multi-asset and multi-country businesses including as CEO of Spirit Energy, Interim CEO at Capricorn Energy and Chairman of Kellas Midstream. Chris has experience as a non-executive director of both private equity and publicly listed companies, most recently with Nostrum Oil and Gas. Chris holds a BSc in Petroleum Engineering from Imperial College, London.

David Latin, Chairman and Interim CEO of Serica commented:

“We are delighted to have secured the services of Chris Cox after a rigorous recruitment process. His technical and commercial acumen, combined with his track record in leadership and teambuilding as CEO of substantial upstream entities operating in multiple geographies including the UK and Norway, make him an excellent fit with Serica’s existing operations, exciting drilling programme currently underway and ambitions to grow through M&A. With this appointment, we have our new executive team in place and I look forward to working with them to deliver growth and returns for our investors.”

Chris Cox commented:

“I am honoured to be given the opportunity to lead the team at Serica at this very important time. In the last several years, Serica has established itself as one of the leading producing companies in the UK North Sea. I will do my utmost to continue the Company’s reputation for safe high quality operational performance, to realise the significant potential for growth within the existing portfolio and to add further value for shareholders through M&A.”