RE:RE:It's Now Official with a NR Ithaca Energy Inc: FPF-1 Sail-Away
ABERDEEN, SCOTLAND--(Marketwired - Aug 5, 2016) - Ithaca Energy Inc. (TSX: IAE) (LSE: IAE)
TSX: IAE; LSE: IAE
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Ithaca Energy Inc.
FPF-1 Sail-Away
5 August 2016
Ithaca Energy Inc. (TSX: IAE) (LSE: IAE) announces that the "FPF-1" floating production facility has completed the final marine system trials as planned and has commenced sail-away to the Stella field. The anticipated period from sail-away to Stella first hydrocarbons is approximately three months.
About Ithaca Energy
Ithaca Energy Inc. (TSX: IAE) (LSE: IAE) is a North Sea oil and gas operator focused on the delivery of lower risk growth through the appraisal and development of UK undeveloped discoveries and the exploitation of its existing UK producing asset portfolio. Ithaca's strategy is centred on generating sustainable long term shareholder value by building a highly profitable 25kboe/d North Sea oil and gas company. For further information please consult the Company's website www.ithacaenergy.com.