The London-listed company’s FPF-1 floating production facility recently started heading to the Stella field off the UK after completing final marine system trials off Poland.
Ithaca said in its second-quarter results statement on Monday that the field in the Greater Stella Area (GSA) is expected to start up in November.
Start-up will also boost overall production to between 20,000 barrels of oil equivalent per day and 25,000 boepd, with the second quarter showing a slip to 9800 boepd from 12,700 boepd a year earlier.
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