IN BRIEF: Ithaca Energy acquires remaining Fotla Discovery stake
Ithaca Energy PLC - London-based North Sea oil and gas operator - Announces successful completion of acquisition of the remaining 40% stake in the Fotla Discovery and three exploration licences from Spirit Energy. Fotla is located in Block 22/1b of the North Sea and was discovered in August 2021. Ithaca is currently evaluating development plans, aiming for first production in 2026. Read More