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tmcal6

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tmcal6

Re: None

Friday, 08/26/2011 9:56:29 AM

Friday, August 26, 2011 9:56:29 AM

Post# of 17737
IAE.v/IACAF

Ithaca Energy continues to execute according to plan and forecasts. Just out with Q2 with expected relatively low earnings based on only 2K boepd production, but just closed on the Hess acquisiton and is on its way to exiting 2011 at 10k boepd. That will be followed by Athena development throughout 2012 which should move them to 20k boepd. Great management and prospects and should be a double by early 2012.

tmcal6
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