CALGARY, Canada -- Ithaca Energy has completed a transaction to acquire for $10.5 million various gas interests in the UK southern North Sea from GDF Suez E&P UK.
As a result, the company has become operator of the Anglia field and the undeveloped Opal and Garnet undeveloped discoveries, and becomes a partner in the producing Topaz field.
Ithaca now has a 30% interest in Anglia in blocks 48/18b, 48/19b and 48/19e, while at Topaz, in blocks 49/1a and 49/2a, the interest is 35%.
The company has a 68.33% interest in Garnet in block 44/27a, which was discovered in 1986. To date one well has been drilled, with a further appraisal well has drilled off structure.
Finally, Ithaca has a 53.84% stake in Opal in block 43/25a, which was discovered in 2005. Here one well has been drilled which was geologically sidetracked to appraise the limits of the field.
Ithaca takes charge at Anglia
Ithaca Energy has completed a transaction to acquire for $10.5 million various gas interests in the UK southern North Sea from GDF Suez E&P UK.