IAE.L Share News (IAE)

Ithaca Energy sees annual production below hopes

North Sea oil & gas operator Ithaca Energy forecasts annual production below expectations due to problems at one of its fields. Ithaca said it expected full-year 2014 pro-forma production to be about 12,500 barrels of oil equivalent per day (boepd) after deferring about 1,400 boepd of annualised

Ithaca Revises Full-Year Production Target After Equipment Failure

Trap Oil Continues To Cut Costs As It Swings To Interim Loss

BUZZ-View from the Buyside: Cavendish AM's bets on a "No", adds Scotland exposure

** Cavendish AM fund manager Paul Mumford says added to holdings in Scotland-headquartered distribution group John Menzies and North Sea oil-focused groups Hurricane Energy and Ithaca Energy . ** Mumford says weakness in certain stocks hurt by uncertainty over vote a chance to add. **

Ithaca Energy Completes Flow Test Operation At Fourth Development Well

Friday broker round-up UPDATE

Admiral Group: Berenberg raises target price from 1090p to 1168p, but still recommends selling. Canaccord Genuity reduces target price from 1400p to 1220p keeping a sell recommendation. Centamin: Numis downgrades from buy to hold with a target price of 70p. Direct Line Group: Berenberg shifts targ

Wednesday broker round-up UPDATE

Caledonia Mining: Numis lowers target price from 100p to 90p retaining a buy recommendation. Chemring Group: Panmure Gordon initiates with a target price of 328p and a buy recommendation. CLS Holdings: Liberum Capital raises target price from 1551p to 1647p and keeps a buy recommendation. CSR: Je

Ithaca Energy swings to first-half loss, but revenues rise

North Sea-focused oil and gas firm Ithaca Energy said it strengthened its business in the first half but swung to a loss before tax of $2.5m, compared with a profit of $73m the year before. The AIM-listed group reported $199.6m in revenue for the year ended June, slightly higher than last year's $1

Ithaca Energy reports loss for first half

Aug 12 (Reuters) - North Sea oil and gas operator Ithaca Energy Inc reported a pretax loss for the first-half as costs soared. Ithaca reported a pretax loss of $2.5 million for the six months ended June 30 compared with a pretax profit of $73 million a year earlier. Revenue rose 6 percent t

Thursday broker round-up UPDATE

Afren: Oriel cuts target price from 145p to 125p, while upgrading from hold to buy. Canaccord Genuity moves from hold to a speculative buy with a target price of 120p. Aggreko: Morgan Stanley raises target price from 1300p to 1350p, while leaving its underweight rating unaltered. Clinigen: N+1 Sin

Tullow Oil, Ithaca Energy Fail To Strike Hydrocarbons At Lupus Well

Ithaca Energy Increases Production Rate To Be In Line With Guidance

Avanti Comms directors increase company holdings

Satellite operator Avanti Communications on Monday reported that David Bestwick, its Chief Technology Officer, and Nigel Fox, its Chief Financial Officer, had both increased their holdings in the group. The largest of the purchases was made by Bestwick, who bought 4,000 shares at 250.03p each on F

Ithaca Energy Completes Offer Of USD300 Million In Senior Notes

Ithaca Energy "Delighted" With Production At Third Development Well