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Serica Energy has announced substantial increment in its profit in the year 2018. The sales revenue of the company rose to £35m in 2018 from £11m. The Chief Executive of the company said, "In particular we aim to extend the field life of the BKR assets by concentrating on enhancing recovery and reducing costs through eliminating unnecessary complexity". The pre-tax profits of Serica surged to £45 million last year.