With this acquisition, the company has increased its interests in the Stella/Harrier fields and obtained a nonoperated interest in the producing Broom field and access to additional undeveloped North Sea discoveries.
Ithaca has acquired an additional 18% interest in the Stella/Harrier fields and an 8% non-operated interest in the Broom producing field.
The company has also purchased a 10% interest in two undeveloped discoveries, Scolty and Torphins (Block 21/8a), located adjacent to the Forties field in the Central North Sea, plus a 10% interest in the nearby Crathes prospect (straddling Blocks 21/12c & 21/13a).
