Ithaca Energy (IAE LN/CN)6 ; Buy, £1.10: 3Q16 Operating Update - Production over 3Q16 was 9,900 boe/d (GMP FEe: 9,575 boe/d) with overall production for the first 9 months of 2016 standing at 9,550 boe/d (GMP FEe: 9,440 boe/d). FY16 Production excluding Stella will now be slightly ahead of the Company guidance of 9,000 boe/d. Net Debt at the end of the quarter was US$598 mm, down from US$606 mm at the end of 2Q16. First Oil at Stella remains scheduled for November 2016, in line with previous gui ....
06 Oct 2016
GMP FirstEnergy ― UK Energy morning research package
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GMP FirstEnergy ― UK Energy morning research package
Ithaca Energy (IAE:TSE) | 0 0 0.0%
- Published:
06 Oct 2016 -
Author:
FirstEnergy Research Team -
Pages:
3
Ithaca Energy (IAE LN/CN)6 ; Buy, £1.10: 3Q16 Operating Update - Production over 3Q16 was 9,900 boe/d (GMP FEe: 9,575 boe/d) with overall production for the first 9 months of 2016 standing at 9,550 boe/d (GMP FEe: 9,440 boe/d). FY16 Production excluding Stella will now be slightly ahead of the Company guidance of 9,000 boe/d. Net Debt at the end of the quarter was US$598 mm, down from US$606 mm at the end of 2Q16. First Oil at Stella remains scheduled for November 2016, in line with previous gui ....