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Re: Ithaca Energy Athena Project Update

19 Apr 2012 07:44

RNS Number : 6526B
Lochard Energy Group PLC
19 April 2012
 



 

 

19 April 2012

 

Lochard Energy Group Plc

 

Re: Ithaca Energy Athena Project Update

Lochard Energy Group Plc ("Lochard" or the "Company") (AIM: LHD, ASX: LHD) notes the announcement made on 19 April 2012 by Ithaca Energy Inc relating to the Athena project. Lochard has a net 10% interest in this field through its 100% ownership of Zeus Petroleum Limited.

 

"Ithaca Energy Inc.

 

Athena Project Update

 

Ithaca Energy Inc. (TSX:IAE)(AIM:IAE) confirms the arrival of the BW Athena floating production, storage and offloading (FPSO) vessel on location at the Athena field. The FPSO has been connected to the "STP" mooring buoy. Hook-up and infield commissioning activities are ongoing and a further announcement will be made upon delivery of first oil from the field."

 

 

- Ends -

For further information, call:

 

Lochard Energy Group Plc

Mike Rose

 

c/o FTI Consulting +44 (0)20 7269 7207

 

finnCap Limited

Sarah Wharry / Christopher Raggett

 

+44 (0) 20 7220 0500

 

FTI Consulting

Edward Westropp / Alex Beagley

 

+44 (0) 20 7269 7207

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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