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Ithaca Energy Inc (IAE.L)

IAE.L on London Stock Exchange

110.00GBp
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109.75
Open
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Volume
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Latest Key Developments (Source: Significant Developments)

Ithaca Energy says qtrly average production of 9,337 barrels of oil equivalent per day
Monday, 15 May 2017 02:00am EDT 

May 15 (Reuters) - Ithaca Energy Inc :Qtrly average production of 9,337 barrels of oil equivalent per day.Average production in 2017 is forecast to be in range of 18,000 to 19,000 boepd (80% oil).Qtrly unit operating expenditure reduced to $21/boe, down from $23/boe average rate in 2016.Qtrly earnings of $11 million.Forecast 2017 net unit operating expenditure is anticipated to be approximately $18/boe.  Full Article

Ithaca Energy announces Delek takeover for cash consideration of C$1.95/share
Friday, 12 May 2017 02:00am EDT 

May 12 (Reuters) - Ithaca Energy Inc :Ithaca Energy Inc announces Delek takeover -- compulsory shares acquisition.Announces Delek takeover offer for a cash consideration of C$1.95 per share.Ithaca Energy - holders of remaining common shares not currently owned by offeror entitled to receive C$1.95 in cash per share.Intends to seek cancellation of admission trade on AIM market of LSE, voluntarily delist from TSX following acquisition.  Full Article

Ithaca Energy says tender conditions for Delek takeover offer satisfied
Friday, 21 Apr 2017 02:00am EDT 

April 21 (Reuters) - Ithaca Energy Inc ::Delek takeover offer - tender conditions satisfied.  Full Article

Ithaca Energy sees Q1 production to average about 9,200 boepd
Thursday, 23 Mar 2017 03:18am EDT 

Ithaca Energy Inc : Ithaca energy inc.: 2016 financial results .Says production in Q1 of 2017 is forecast to average approximately 9,200 boepd.  Full Article

Ithaca Energy says directors' circular issued-recommended takeover by Delek
Tuesday, 14 Mar 2017 03:00am EDT 

Ithaca Energy Inc : Will mail shareholders directors' circular in respect of previously announced cash takeover offer by Delek Group Ltd .Offer being made by DKL Investments Limited, affiliate of Delek, which is currently Ithaca's largest shareholder.  Full Article

Ithaca Energy announces recommended takeover by Delek
Monday, 6 Feb 2017 02:00am EST 

Ithaca Energy Inc : Ithaca Energy Inc announces recommended takeover by Delek . Ithaca Energy - Entered into definitive agreement with Delek group of cash takeover bid for all common shares of Ithaca not currently owned by Delek for C$1.95 per share . Offer is unanimously recommended by board of directors of Ithaca . Offer implies a total enterprise value of approximately US$1.24 billion .Offer values entire issued and to be issued share capital of company at C$841 million.  Full Article

Ithaca Energy sees 2017 production to be in range of 19,000 to 22,000 boepd
Thursday, 12 Jan 2017 02:00am EST 

Ithaca Energy Inc : Ithaca Energy Inc.: operations update & 2017 outlook . 2017 production anticipated to be in range of 19,000 to 22,000 boepd . Net 2017 capital expenditure is forecast to total approximately $70 million . Forecast 2017 unit operating expenditure is anticipated to be approximately $18/boe .2016 average production totalled approximately 9,300 boepd.  Full Article

Ithaca Energy sees FY production ahead of forecast
Thursday, 6 Oct 2016 02:00am EDT 

Ithaca Energy Inc : Says average production for first nine months of 2016 9,550 boepd, ahead of 9,000 boepd guidance . Says continued deleveraging, with net debt at Sept.30 2016 reduced to $598 mln .Says full year base production, excluding any contribution from start-up of Stella field will be modestly ahead of 9,000 boepd guidance range.  Full Article

Ithaca Energy announces production of about 9,900 boepd during qtr
Thursday, 6 Oct 2016 02:00am EDT 

Ithaca Energy Inc : Average production during quarter was approximately 9,900 boepd . FY base production, excluding contribution from start-up of stella field during 2016, to be modestly ahead of 9,000 boepd guidance range . Ithaca energy inc announces third quarter 2016 operations update ."producing asset portfolio has performed well over first nine months of year, with production running ahead of guidance".  Full Article

Ithaca Energy announces GSA satellites acquisitions
Tuesday, 2 Aug 2016 02:00am EDT 

Ithaca Energy Inc : Ithaca Energy Inc announces GSA satellites acquisitions . Says interest in Vorlich discovery increased from approximately 17 pct to 33 pct .Says total acquisition costs including potential future contingent payments of under $6 million.  Full Article

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