Ithaca Energy (LON:ITH) Shares Down 13.1% - Here's What Happened

Ithaca Energy (LON:ITH) Shares Down 13.1% - Here's What Happened

Ithaca Energy (LON:ITH) Shares Down 13.1% - Should You Sell?

Ithaca Energy adds 50% stake in Tobermory discovery

Ithaca Energy signed a farm-in agreement with Shell for a 50% working interest in licenses P2629 and P2630 in the West of Shetland basin. The acreage contains the Tobermory gas discovery, which forms part of a developing gas hub in the region. The farm-in builds on its existing 50/50 partnership with Shell in the nearby … The post Ithaca Energy adds 50% stake in Tobermory discovery appeared first on Drilling Contractor.