IAE Ithaca Energy Inc.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES


Ithaca Energy Inc. (TSX VENTURE:IAE)(AIM:IAE) announces that drilling of the J03
well on the Jacky field has now recommenced, as previously stated.


The Energy Enhancer drilling unit is now fully operational following successful
repair to the drilling mud handling system onboard the rig. Production from J01
was briefly suspended to complete the 'top hole section' of the J03 well and
then immediately reinstated. The J03 well has now been drilled to approximately
2,400 feet measured depth and drilling operations are scheduled to last
approximately a further 60 days. 


About Ithaca Energy:

Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited
("Ithaca" or "the Company"), is an oil and gas exploration, development and
production company active in the United Kingdom's Continental Shelf ("UKCS").
The goal of Ithaca, in the near term, is to maximize production and achieve
early production from the development of existing discoveries on properties held
by Ithaca, to originate and participate in exploration and appraisal on
properties held by Ithaca when capital permits, and to consider other
opportunities for growth as they are identified from time to time by Ithaca.


Not for Distribution to U.S. Newswire Services or for Dissemination in the
United States 


Forward-looking statements 

Some of the statements in this announcement are forward-looking. Forward-looking
statements include statements regarding the intent, belief and current
expectations of Ithaca Energy Inc. or its officers with respect to various
matters. When used in this announcement, the words "expects," "believes,"
"anticipate," "plans," "may," "will," "should", "scheduled", "targeted",
"estimated" and similar expressions, and the negatives thereof, whether used in
connection with the estimated drilling times of the Jacky, J03 well, estimated
production levels from existing and future development projects including the
Jacky, J03 well, actual production levels from existing and future development
projects, anticipated timing of the Jacky, J03 well and the Athena development,
oil in place, hydrocarbon composition or otherwise, are intended to identify
forward-looking statements. Such statements are not promises or guarantees, and
are subject to risks and uncertainties that could cause actual outcome to differ
materially from those suggested by any such statements. These forward-looking
statements speak only as of the date of this announcement. Ithaca Energy Inc.
expressly disclaims any obligation or undertaking to release publicly any
updates or revisions to any forward-looking statement contained herein to
reflect any change in its expectations with regard thereto or any change in
events, conditions or circumstances on which any forward-looking statement is
based except as required by applicable securities laws.

Grafico Azioni Ithaca Energy Inc. (TSXV:IAE)
Storico
Da Apr 2024 a Mag 2024

Grafico Azioni Ithaca Energy Inc. (TSXV:IAE)
Storico
Da Mag 2023 a Mag 2024