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July 03, 2015 1:56 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Ithaca Energy (UK) Limited

Company Overview

Ithaca Energy (UK) Limited engages in the exploration, development, and production of oil and gas. The company was incorporated in 2004 and is based in Aberdeen, United Kingdom. Ithaca Energy (UK) Limited operates as a subsidiary of Ithaca Energy Inc.

8 Rubislaw Terrace

Aberdeen,  AB10 1XE

United Kingdom

Founded in 2004

Phone:

44 12 2463 8582

Fax:

44 12 2463 5795

Key Executives for Ithaca Energy (UK) Limited

Chief Financial Officer
Compensation as of Fiscal Year 2015.

Ithaca Energy (UK) Limited Key Developments

North Sea Energy Announces Agreement with Ithaca Energy and Dyas Regarding Withdrawal from the Jacky Field

North Sea Energy Inc. announced that, through its wholly owned subsidiary North Sea Energy (UK) Limited has signed an agreement with Ithaca Energy (UK) Limited and Dyas UK Limited, whereby under the terms of the Agreement, NSE UK agrees to withdraw from the Jacky Field (P.1392, Block 12/21c), effective December 31, 2013. The Agreement settles all outstanding issues and releases the company of all future costs including decommissioning liabilities from the effective date. The Jacky Field is located 12 miles off the Scottish coast and has been producing light oil. Prior to completing the Agreement, NSE UK held a 10% interest in the Jacky Field, while its partners, Ithaca and Dyas, held 47.5% and 42.5% interests respectively. Ithaca is the Operator of the Jacky Field.

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