Jefferies Financial Group Initiates Coverage on Serica Energy (SQZZF)

Jefferies Financial Group started coverage on shares of Serica Energy (OTCMKTS:SQZZF) in a research note issued to investors on Thursday morning, The Fly reports. The firm issued a buy rating on the stock.

SQZZF stock opened at $1.25 on Thursday.

Serica Energy Company Profile

Serica Energy plc engages in the identification, acquisition, exploration, and exploitation of oil and gas reserves. The company holds exploration, development, and production assets in the United Kingdom, as well as exploration interests in the Atlantic margins offshore Ireland and Namibia; and an 18% non-operated interest in the Erskine field in the Central North Sea.

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