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Completion acquisition of Siccar Point Energy

Monday, July 4 2022

Fossil Energy – Acquisition

Ithaca Energy announced that its acquisition of Siccar Point Energy, announced on 7 April 2022, has completed with all conditions having been met.

The acquisition positions Ithaca as one of the leading E&P operators in the UK North Sea with four of the basin’s largest producing fields and some of its largest development projects.

Gilad Myerson, Executive Chairman of Ithaca Energy, commented: “Completion of the acquisition of Siccar Point marks a key milestone in establishing Ithaca as a leading UK North Sea E&P company with significant production, material growth potential, and a long-life cycle portfolio.”

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Filed Under: Acquisition, International News, Ithaca, North Sea Tagged With: acquisition, Ithaca Energy, north sea, Siccar Point Energy


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