Ithaca Energyhas announced that further to the press release made on 9 October 2012, the Company has completed the acquisition of the wholly owned UK subsidiary company of Noble Energy Capital Limited (a subsidiary of Noble Energy Inc.), which owns the 12.885% non-operated interest in the Cook field. Following the transaction, the Company now holds a 41.345% in the Cook field.
The Cook oil field, operated by Shell, lies in Block 21/20a in the Central North Sea. The field has been developed as a single well subsea tie-back to the Shell operated Anasuria floating production, storage and offloading vessel (FPSO), which serves as a host processing facility to several nearby fields, with oil exported from the FPSO via shuttle tankers and gas via pipeline to shore.
See related article: Ithaca Energy acquires non-operated interests in Cook and MacCulloch UK North Sea producing fields
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Source: Ithaca Energy / energy-pedia