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IAETue, 31st Mar 2015 08:44
** The London and Toronto-listed Ithaca Energy jumps as much as 14 pct
** North Sea-focused oil and gas operator said it hasincreased its oil hedging protection since the start of the yearin order to mitigate against the impact of further Brent priceweakness
** Ithaca Energy says 4,000 bopd has been hedged at anaverage price of $69/bbl from July 2016 to June 2017
** Ithaca shares last up 13.3 pct (RM: aastha.agnihotri.thomsonreuters.com@reuters.net)
LONDON, Oct 9 (Reuters) - The investment arm of Israeli gas firm Delek Group has acquired a near 20 percent stake in North-Sea focused oil producer Ithaca Energy for $66 million, the companies said on Friday. The deal underlines investors still see value in North Sea related businesses, des
Read more** UK-focused Cavendish AM fund manager Paul Mumford goes against the crowd & snaps up shares in small E&Ps as well as blue-chip defence cos & insurer Prudential to take advantage of cheaper valuations presented by market meltdown ** Shares in EnQuest, Ithaca & Excite which, with fellow co
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