H1- 2014 Results – Ithaca Energy Inc.

Ithaca Energy Inc. · Aug 12, 2014 · 6 slides

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Slides

H1-2014 Results 12 August 2014
H1-2014 highlights GSA development continued milestone delivery / material de-risking from development well results Summit acquisition broadening of the portfolio and further strengthening of the business Successful 300M US bond…
H1-2014 financial results Production up 15% Profit & Loss Account Summary H1-2014 H1-2013 Further increase in H2-2014 anticipated from production enhancement activities and completion of Total Production kboe/d 10.5 9.1 Summit…
Disciplined financial management underpinned by strong balance sheet US bond 300M, 8.125% coupon - Stability Funding & Peak Debt (M)1 5 year term, repayable July 2019 Non-call period of 24 months M Unsecured, fixed rate finance…
Summit acquisition further broadening of producing asset base Dons Summit acquisition executing upon strategy Causeway / Fionn 3 high quality, long life assets contributing 12MMboe and 2.5kboe/d in 20141 Broom Transaction signed…
GSA development material de-risking through well results Drilling Campaign Subsea Infrastructure FPF-1 Modifications 4 B1 5 Ekofisk A1 A2 Stella Field Top Andrew Reservoir Map Stella field development wells 70% of…