09:52 AM EST - Ithaca Energy Inc. : announced the completion of the various transactions entered into on October 19, 2011 concerning the Company's Greater Stella Area (GSA) assets. Completion of the transactions results in Ithaca transferring various field interests to Petrofac and Dyas and acquiring a shareholding interest in FPF-1 Limited, the company that owns the "FPF-1" floating production unit that will be used as the GSA production hub. Ithaca Energy Inc.
shares T.IAE are trading up $0.01 at $1.73.