Ithaca Energy Inc.: Second Production Well to be Drilled on Jacky Field
Investing News Network - December 13th, 2010
Ithaca Energy Inc. (CVE:IAE) announces that it plans to drill a second production well on the Jacky field in Q1 2011 to access additional reserves.
Ithaca Energy Inc. (TSXV:IAE) announces that it plans to drill a second production well on the Jacky field in Q1 2011 to access additional reserves.
The press release is quoted as saying:
Daily production from the well is expected to initially exceed 5,000 barrels of oil per day (“bopd”) (2,375 bopd net to Ithaca) when the well comes on stream in Q2 2011.