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Ithaca Energy Inc T.IAE

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  IACAF

Ithaca Energy Inc is involved in the exploration, development and production of oil and gas in the North Sea.
Price: $1.42 | Change: $-0.03 | %Change: -2.07%
Volume: 559,190 | Day High/Low: 1.44/1.37 | 52 Week High/Low: 2.95/1.29
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0 stars

RE:Clarification on Timing of Stella

Ithaca has been telegraphing "mid 2015" ever since they announced the second postponement. The span of "mid year" is somewhere between June and August. Now in the absolute strictest sense mid year is...read more
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Pre-OPEC producer meeting fails to deliver oil output cut

By Ryan Chilcote, Laura Hurst and Maher Chmaytelli Nov 25, 2014 4:17 PM ET . Nations supplying a third of the world’s oil failed to pledge output cuts after meeting in Vienna today. Russia can...read more
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Big guys showed up on the closed with...

80,000 shares bought at $1.45 at 16:00 ...I guess below $1.75 the risk is very very low and the reward very high. Always follow the big guys if you want to make money... : )  rate and reply
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RE:Clarification on Timing of Stella

Thanks for the clarification MS, that's what I just said in the previous post - that "mid-2015" certainly can mean July or August. Nevertheless, given past project timing disappointments from IAE and...read more
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Clarification on Timing of Stella

Just so we are all on the same page here.  Mid-2015, which has been in the news for quite awhile,  would be July 1, 2015 - correct?  July 1 is the start of Q 3 correct?   So, why all the caterwauling?...read more
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RE:RE:RE:On the other hand...

I suspect that IAE won't issue a news release unless Stella FO slips into Q4. Mgt has been claiming in recent updates that Stella FO will be "mid-2015". The optimists here likely thought that this...read more
5 stars

RE:RE:RE:RE:RE:Petrofac update on Stella

" don't forget it was iae initiated changes to the platform after it was started, i doubt there will be any liability, just more costs to iae " Comments circulated in Jan that the capacity of the...read more
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RE:RE:On the other hand...

this seems to me to be material info that iae will have to anounce regarding stella, i bet they were taken aback by petrofacs statements on stellas timeline. petrofac is down 26% so far today  rate and reply
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RE:On the other hand...

i don't think anyone really knows about the delay yet, see what happens if  iae puts out a nr  if they do  rate and reply
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On the other hand...

I am pleased that IAE isn't down to $1.15 on the news this morning. Was almost afraid to look. I had said in a previous post that I thought IAE sp would be crushed like an old Coke can on the...read more
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RE:RE:RE:RE:Petrofac update on Stella

"Trust they suffer some liability payments to 'partners'" don't forget it was iae initiated changes to the platform after it was started, i doubt there will be any liability, just more costs to iae...read more
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Don't be too optimistic about the meeting on Thursday

“The Saudis are not dissatisfied at this price level,” said Michael Lynch, president of Strategic Energy & Economic Research in Winchester, Massachusetts. “The most likely outcome of the meeting is...read more
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RE:GSA Project

I know it is out of shareholders' hands but those are pretrty submissive responses...I guess we are prepared to be told by Petrofac that it will be 2016!!!  Petrofac have not just let us down but...read more
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GSA Project

Not much difference between 3rd or 2nd quarter. Petrofac seems to be lowering expectations to their shareholders.  rate and reply
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First oil from GSA postpones to 2015 Q3

Many of us didn't really believe that the first production from Greater Stella Area would have been in mid-2015. If you've been long with Ithaca you certainly know the time frames for any project are...read more
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RE:RE:RE:Petrofac update on Stella

Just keeps getting worse. Petrofac's usual high standards clearly means a complete project performance can be abyssmal. A year late. And I was thinking we might be surprised on an earlier endpoint...read more
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RE:RE:Petrofac update on Stella

This morning Petrofac put out a "critical assessment" on current projects. What I would call a kitchen sink update. This is FT comment following this mornings Petrofac call with analysts Its...read more
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RE:Petrofac update on Stella

Is this a recent piece of company news? And isn't this the first time it says 3rd qtr.  rate and reply
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Petrofac update on Stella

On the Greater Stella Area (GSA) development in the UK North Sea, recent development well activity has further de-risked the initial annualised gross production forecast for the field of approximately...read more
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RE:nice gains

IONA did the best of all, percentage wise. Big gains yet to come there.  rate and reply