RE:RE:RE:First two wells have produced over 21,200 boe/d First hydrocarbons now at the end of this year is a very short time in this sector where some companies wait years, and I mean not just a couple of years, for production. Meanwhile maybe some offers for an Ithaca buyout and most probably a try for the undeveloped discoveries within the vicinity of our GSA FPF-1. Those undeveloped discoveries are calling! We will be kept busy between hitting gushers. Well done, Ithaca.
'Given the strategic alignment of the partners in the production hub, the long term objective of the Greater Stella Area joint venture is to acquire, whether by acquisition or licence rounds, further undeveloped discoveries within the vicinity of the FPF-1 as low cost incremental developments to tie-in to the facilities when spare hydrocarbon processing capacity is available.'
https://www.ithacaenergy.com/operations/greater-stella-area