Perenco has exercised its pre-emption right on a January Wytch Farm deal between Ithaca and Verus Petroleum (DEA 18 Jan â18). The latter had agreed to buy Ithacaâs 7.5% in the Wytch Farm field for GBP 53 MM. Involved are PL 089, P 534 + PEDL 328 across Poole Harbour. Partnership will therefore become Perenco (op) 95% + Repsol Sinopec 5%, effective 1 Jul â17.
United Kingdom, Wytch Farm