Ithaca Finalizes Carna Stake Transaction

Ithaca Energy Inc. announced completion of the transaction announced March 26 2012 concerning the Company's interest in the Carna discovery, located in the Southern Gas Basin of the UK North Sea.

Completion of the transaction results in Ithaca increasing its position in the Carna discovery to 32 percent (from 16 percent); the Company will become Operator with immediate effect.

Joint Venture partners (and their respective interests) in the Carna discovery are: Ithaca Energy (UK) Limited, operator (32%), Centrica (40%), Dyas UK Limited (24%), EWE Energie AG (4%).

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Executive Protection Coordinator
Expertise: Risk Management|Security
Location: TX
 
United States Denver: Proposals Specialist
Expertise: Business Development|Marketing|Sales
Location: Denver, CO
 
United States Houston: Principal II - DES
Expertise: Design Engineer|Drilling Engineering
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours