Serica Energy Tightens 2023 Production Guidance; 1H Profit Rose

By Joe Hoppe

Serica Energy said its revenue fell and it tightened production guidance for 2023, though pretax profit rose on an accounting gain from an acquisition.

The U.K. oil-and-gas company said Tuesday that its first-half pretax profit rose to 298.3 million pounds ($369.4 million) from GBP194.5 million a year prior, after taking into…