Ithaca Energy triples Q1 profit

UK-focused Ithaca Energy more than tripled net income to $16.4 million in the first quarter thanks to assets acquired in the past 12 months as well as higher oil prices than the first quarter of 2013.

Rising returns: Ithaca Energy profits on Valiant acquisition
Rising returns: Ithaca Energy profits on Valiant acquisition
Published 13 May 2014, 10:41Updated 11 October 2016, 16:28
Europe