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Ithaca Energy Inc. (IACAF)

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  • May 2, 2013, 11:57 AM
    EOG Resources (EOG +0.6%) could see 25% annual oil production growth in coming years, and its stock trades at cheaper multiples than rivals, RBC says as it adds EOG to its "energy best ideas" list. The firm also adds Oceaneering (OII +2.3%); it boots Helmerich & Payne (HP +1.9%) and Precision Drilling (PDS +1%), whose U.S. rig counts have not risen as quickly as expected, as well as Continental Resources (CLR -0.8%).
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  • May 29, 2012, 10:35 AM
    Ithaca Energy (IACAF.PK -29%) shares plunge after the North Sea oil explorer says it broke off talks with potential buyers because their offers didn’t properly reflect the value of the company. It also agrees to a $400M debt facility from BNP Paribas that it may use “to fund ongoing development activities and future asset acquisitions.”
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Company Description
Ithaca Energy is a North Sea oil and gas exploration, development and production company with offices in Calgary, Canada and Aberdeen, Scotland. The Company was incorporated in Canada in 2004.