Ithaca achieves 100% production increase through workover ops at Beatrice Alpha in the UK North Sea

Source: Ithaca Energy

Ithaca Energy Inc. (LON:IAE) (TSX:IAE) has achieved stable production from the first workover well on Beatrice Alpha, increasing production by 100% to 680 barrels of oil per day, in line with expectation.

The Beatrice Alpha well A04 is part of a five well work over program. Operations on the A04 well involved the replacement of a downhole pump.

Activities have commenced to workover the second well of the five well campaign (Beatrice Alpha well A23). The A23 well was producing approx. 260 bopd gross before being shut in early October to commence workover operations. A further production update will be provided after the well has been brought back on line and flow rates have stabilized.

Joint Venture Partners in the Beatrice Field are Ithaca (50%) and Dyas UK Ltd (50%). Beatrice Alpha is located in the UK North Sea.



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