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Ithaca Energy Inc (IAE.L)

IAE.L on London Stock Exchange

115.75GBp
23 Mar 2017
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Latest Key Developments (Source: Significant Developments)

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

Ithaca Energy says full-year base production guidance remains unchanged
Monday, 11 Jul 2016 02:00am EDT 

Ithaca Energy Inc : Average production during second quarter was approximately 9,800 boepd . Full year base production guidance remains unchanged at 9,000 boepd . Production in q3 of year is expected to remain broadly in line with full year guidance .Two week planned brent system maintenance shutdown that impacts production from northern north sea fields scheduled for october 2016.  Full Article

Ithaca Energy Q1 earnings per share $0.04
Monday, 16 May 2016 02:00am EDT 

Ithaca Energy Inc : On track for first production from stella field in september 2016 . Production in q2 of 2016 is expected to remain in line with 2016 full year guidance . Planned capital expenditure in 2016 remains unchanged at $50 million . Beyond 2016, forecast average underlying capital expenditure of $10-25 million per annum on its producing asset portfolio . Ithaca energy inc. First quarter 2016 results .Q1 earnings per share $0.04.  Full Article

Ithaca Energy Inc Announces FPF-1 Modifications Contract Update
Monday, 28 Sep 2015 02:00am EDT 

Ithaca Energy Inc:Announces fpf-1 modifications contract update.Has entered into an agreement with petrofac in respect of the "fpf -1" floating production facility.Agreement provides important contract cost clarity, ensuring efficient execution of the remaining fpf-1 modification works.Sail-away of the vessel remains on track for the end of the first quarter of 2016.First production from the stella field anticipated at the end of the second quarter.  Full Article

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BRIEF-Ithaca Energy sees Q1 production to average about 9,200 boepd

* Says production in Q1 of 2017 is forecast to average approximately 9,200 boepd Source text for Eikon: Further company coverage: