Ithaca Energy starts production at North Sea oil field
AIM-listed explorer Ithaca Energy has started production at its Stella oil field in the North Sea.
FTSE AIM 100
3,595.66
17:08 19/04/24
n/a
n/a
FTSE AIM All-Share
745.67
17:08 19/04/24
n/a
n/a
Ithaca Energy Inc. (DI)
110.75p
16:35 06/06/17
0.00%
0.00p
Oil & Gas Producers
9,468.77
17:10 19/04/24
0.39%
36.49
The company said that production has been started from the field along with oil exports to the adjacent shuttle tanker.
A ramp-up in production will start when the on-going commissioning of the gas processing and compression facilities has finished.
Shares in Ithaca Energy were down 0.57% to 117.08p at 0919 GMT.