Builder and his wife hit a £ 38m jackpot after playing a smooth bet at an oil factory in the North Sea
City & Finance reporter for the Daily Mail
A builder and his wife hit the jackpot after investing in a North Sea oil company whose stocks have risen.
It is well known that David and Debbie Hardy have spent at least £ 1m to buy an 11.3% stake in Serica Energy.
Their bet was worth about £ 38 million last night, after the stock closed another 7.6 pence or 9 pence at 128 pence.
It is well known that David and Debbie Hardy have spent at least £ 1m to buy an 11.3% stake in Serica Energy
The most recent upswing came when Serica announced that it had signed a purchase agreement for the purchase of the shares of the BHP oil and mining group in the Bruce and Keith oilfields in the North Sea.
The Hardys, who are directors of a Midlands construction company, are Serica's second largest shareholders.
They had held their share at over 3 percent in April 2015, when the shares were 4 pence, and then over 9 percent in July 2016, when the stock was around 13 pence.
It is known that during the downturn in the price of oil, which affected oil and gas companies in 2014 and 2015, it was first bought in Serica.
According to Companies House, the Hardys recently acquired Eclipse Air Limited, which will lease and lease passenger aircraft equipment.
The couple declined to comment.