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Transactions - NOVEMBER 12, 2019

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Ithaca Energy buys Chevron North Sea for $2b

by Kali Persall

Ithaca Energy, the wholly owned North Sea exploration and production subsidiary of Delek Group, has acquired Chevron North Sea Ltd. (CNSL) for $2 billion, adding 10 additional producing oil and gas condensate field interests to the existing portfolio.

These include:

Field Operator Acquired Interest Hydrocarbons Captain CNSL 85.00% Oil Alba CNSL 23.37% Oil Erskine CNSL 50.00% Gas-Condensate Alder CNSL 73.68% Gas-Con
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