Ithaca has agreed to buy-out Dana and Petrofacâs interests in the Greater Stella area licences and related infrastructure interests for a staged total of USD 250 MM. The deal should increase Ithacaâs 2P reserves by over 20 MMboe, to be retro-effective 1 Jan â18 once all approvals are secured. Involved are licences P011 (Stella/Harrier, 100%), P1665/P2190 (Hurricane, 100%), P1392 (Jacky,100%), P1293 (Athena, 40%), and the FPF-1 facilities (100%).
Ithaca has agreed to buy-out Dana and Petrofacâs interests in the Greater Stella area licences and related infrastructure interests for a staged total of US$250 MM. The deal should increase Ithacaâs 2P reserves by over 20 MMboe. Involved are licences P011 (Stella/Harrier, 100%), P1665/P2190 (Hurricane, 100%), P1392 (Jacky,100%), P1293 (Athena, 40%),