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Ithaca Energy awarded two blocks in 27th UK Licensing Round


Published Oct 30, 2012
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Ithaca Energy acquires Beatrice Oilfield

Ithaca Energy Inc. declare its success in the UK's 27th Offshore Licensing Round, with the Company being offered, as Operator, two new traditional licenses.

Block 29/5d is a joint venture between Ithaca (Operator, 54.66 %), Dyas UK Ltd (25.34%) and Petrofac Energy Developments UK Ltd (20%).

The Block lies in the GSA, adjacent to Block 29/10b, which contains the Company's recently appraised Hurricane discovery and close to the future location of the "FPF-1" floating production unit that will be installed as part of the ongoing development of the Stella and Harrier fields in Block 30/6a.

Tags: Ithaca Energy Inc.



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