Ithaca Energy Inc. has entered into agreements with Noble Energy Capital Limited (a subsidiary of Noble Energy Inc., to acquire two wholly owned UK subsidiary companies that will hold non-operated interests in UK North Sea producing fields; a 12.885% interest in the Cook field and a 14% interest in the MacCulloch field.

The Cook oil field, operated by Shell, lies in Block 21/20a in the Central North Sea. The field has been developed as a single well subsea tie-back to the Shell operated Anasuria floating production, storage and offloading vessel (FPSO), which serves as a host processing facility to several nearby fields, with oil exported from the FPSO via shuttle tankers and gas via pipeline to shore.

Tags: Ithaca Energy Inc.