Ithaca Energy plc is an independent upstream oil and gas company listed on the London Stock Exchange and trading over-the-counter in the U.S. under the symbol IACAF. Headquartered in St. Helier, Jersey, with regional offices in Aberdeen, the firm focuses on exploration, development and production of hydrocarbon resources in the North Sea basin. Through its publicly traded structure, Ithaca Energy partners with international oil companies and state-owned enterprises to advance projects from appraisal through to first oil.
The company’s core operations span the U.K. Continental Shelf and the Norwegian Sector of the North Sea. Ithaca Energy holds interests in several producing fields, including Captain, Catcher, Kraken and Alder, and is a significant partner in the Rosebank development. Its work encompasses reservoir evaluation, subsea infrastructure installation and production optimisation, delivering crude oil and natural gas to European markets via established pipeline networks.
Founded in 2004 as an independent exploration vehicle, Ithaca Energy completed its initial public listing on the AIM market in 2014 before migrating to the main market of the London Stock Exchange. Over the years, the company has executed a series of asset acquisitions and farm-in agreements to build a balanced portfolio of producing, near-term development and exploration assets. These transactions have broadened Ithaca’s footprint across both mature and emerging North Sea basins.
Management is led by a team of seasoned industry professionals with extensive experience in offshore operations, project development and reservoir management. The board and executive leadership draw on a track record of delivering complex, capital-intensive projects within the oil and gas sector. With a strategic focus on operational efficiency and disciplined capital allocation, Ithaca Energy aims to generate sustainable production growth and value for shareholders.
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