Ithaca ups stake in Cygnus gas field
Offshore Energies UK
MAY 20, 2025
Ithaca said it saw the potential for significant upside potential through further infill drilling beyond the next three approved wells. Independent producer Ithaca Energy has bought a further 46.25% stake in the Cygnus gas field from Spirit Energy for a purchase price of 116mn, it said in a stock exchange statement May 20.
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