One-Page Deal Sheet
Ithaca Energy Adds to North Sea Interests
Ithaca Energy Inc. Noble Energy, Inc.
Announced Date
October 09,2012
Effective Date
January 01,2012
Close Date
February 05,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
39
Asset/Basin:
{"North Sea"}
TargetZones:
{}
Transaction Details: Subscribe to see
Ithaca Energy Inc. announces that it has entered into agreements with Noble Energy Capital Limited (a subsidiary of Noble Energy Inc.,) to acquire two wholly owned UK subsidiary companies that will hold non-operated interests in UK North Sea producing fields; a 12.885% interest in the Cook field and a 14% interest in the MacCulloch field.
Highlights
o The acquisitions are forecast to result in net incremental production, predominantly oil, for the Company of approximately 1,100 barrels of oil equivalent per day ("boepd") in 2012.
o The two fields are anticipated to increase the Company's net…
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