Ithaca Energy (IAE)

Homepage: http://www.ithacaenergy.com
Our Assets


Exploration and Development Blocks

Ithaca has built a diversified portfolio of exploration and development assets through participation by Ithaca UK in the United Kingdom’s recent Seaward licensing rounds and through acquisitions. This diversity is evidenced by properties in different geographic areas, encompassing multiple play types (both oil and gas), while maintaining a close proximity to producing fields in proven petroleum systems. Ithaca UK’s interests range from 20% to 100% in 30 blocks or partial blocks under 16 licences covering more than 514,000 acres.
Ithaca has screened more than 300 existing discoveries, of which it has evaluated more than 25 which management believes can be economically developed. Of those, Ithaca, through Ithaca UK, has successfully acquired three (3) for development as set out below:
a 70% interest in partial block 14/18b located in the Athena discovery in the Outer Moray Firth, which contains two (2) undeveloped oil wells. The Corporation is planning to drill a third well in the fourth quarter of 2006 which, if successful, would be completed for production and would result in further development;
a 20% interest in partial block 23/16c located in the Barbara discovery, a gas and condensate discovery in the Central North Sea which is scheduled to be developed during 2006 and 2007;
a 90% interest in partial block 12/21c located in the Beatrice Alpha North Prospect in the Inner Moray Firth, which Ithaca anticipates drilling in 2007.

Contact Us


We are a Calgary, Alberta, Canada based company with offices in London, England and Aberdeen, Scotland.

Mailing Addresses:

Ithaca Energy Inc.
Suite 1600, 311 - 6th Avenue S.W.,
Calgary, Alberta T2P 3H2

Ithaca Energy (U.K.) Ltd.
64 Knightsbridge
London, SW1X 7JF
Map and directions


Ithaca Energy (U.K.) Ltd.
8 Rubislaw Terrace
Aberdeen, AB10 1XE
Map and directions
Telephone and Fax numbers:

Calgary, Canada:
Ph. (403) 668-7303
Fax (403) 770-8466

London, United Kingdom:
Ph. +44 (0) 207 590 3026
Fax +44 (0) 207 504 8520


Aberdeen, United Kingdom:
Ph. +44 (0) 1224 638 582
Fax +44 (0) 1224 635 795

Email address:
info@ithacaenergy.com