RE: NEWS Acquisition of UK North Sea AssetsSounds like they aren't done yet either...
Iain McKendrick, CEO, commented: "This acquisition demonstrates that the Company is executing on its stated strategy which includes the acquisition of existing production and discoveries on attractive terms. The interests being acquired will add immediate production and additional cash flow to Ithaca while offering medium-term development and enhancement potential. The Company shall continue to pursue similar accretive opportunities to grow."