Ithaca Energy announces stable production from second workover well (A23) on Beatrice Alpha

Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited, an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, is pleased to announce that stable production from the second workover well (A23) on Beatrice Alpha has increased by ~115% to approximately 560 barrels of oil per day (“bopd”) gross (280 bopd net to Ithaca), exceeding management expectations.
Activities will commence in early January 2011 on the third workover well of the campaign (Beatrice Alpha well A28).
Joint Venture Partners in the Beatrice Field are Ithaca (50%) and Dyas UK Ltd (50%).
Source: Press release