Nov 2 (Reuters) - Iona Energy Inc INA.V :
* Announces Huntington update
* UK unit, Noreco Oil UK, has been served default notice in respect of its 20% interest in Huntington licence
* Joint operating agreement that governs the Huntington field, noreco has until November 27, 2015 to remedy the default
* UK subsidiary, noreco oil UK does not intend to remedy the default
* Source text for Eikon urn:newsml:reuters.com:*:nCCN7VsryD
* Further company coverage INA.V