10:12 AM EST - Ithaca Energy Inc : announced that the Company has received Field Development Plan approval for the Stella and Harrier Fields from the U.K. government. The joint development of the Stella and Harrier fields, located in the Central North Sea, will involve the drilling of subsea horizontal wells tied back to the "FPF-1" floating production unit, with the export of processed hydrocarbons to nearby oil and gas transportation pipelines. Transportation and onshore processing of oil and liquid rich gas arrangements will be announced when finalized. Ithaca Energy Inc
shares T.IAE are trading unchanged at $3.12.
