Serica Energy plc (Serica) is an international oil and gas exploration and production company with properties primarily in Western Europe, Africa and South East Asia. Serica has built a portfolio of exploration, appraisal and development projects. Serica holds exploration licenses in the United Kingdom, Ireland, Morocco and Namibia. The Company has a 50% interest in the 23/16f Columbus field offshore United Kingdom. In October 2011, the Company was received a Licensing Option 11/1 (the License) covering six blocks in the Irish Rockall Basin under the Irish 2011 Atlantic Margin Licensing Round. In December 2011, the Company was received an 85% interest in a Petroleum Agreement covering four blocks and part blocks in the Luderitz Basin, offshore Namibia. As of December 31, 2011, the Company held a 21% interest in the amalgamated area covering the Spaniards discovery. In October 2011, the Company sold its wholly owned subsidiary, Serica Indonesia Holdings BV to Kris Energy Limited.