💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadExplore for free

BRIEF-Ithaca Energy says average production in 2015 totalled approximately 12,100 BOEPD

Published 2016-01-12, 02:05 a/m
© Reuters.  BRIEF-Ithaca Energy says average production in 2015 totalled approximately 12,100 BOEPD
I6T
-

Jan 12 (Reuters) - Ithaca Energy Inc IAE.TO :
* Operations update & 2016 outlook
* Says in 2016 production is forecast to more than double to approximately
25,000 barrels of oil equivalent per
* Says average production in 2015 totalled approximately 12,100 boepd --
exceeding full year guidance of 12,000 boepd
* Says forecasts 2016 capital expenditure of approximately $50 million, a
reduction of over 40% on the previous year
* Says forecast first hydrocarbons from the greater stella area now anticipated
in the third quarter of 2016

* Source text for Eikon ID:nMKWwFSgXa

* Further company coverage IAE.TO

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.