Investegate |Ithaca Energy Inc Announcements | Ithaca Energy Inc: Captain EOR Stage 2 Sanction
Ithaca Energy, operator of the Captain field, is pleased to announce sanction of the Captain Enhanced Oil Recovery (EOR) Stage 2 project in the UK Central North Sea after receiving Field Development Plan Addendum consent from the Oil and Gas Authority (OGA). EOR Stage 2 is the next phase of development at our Captain Field and is building on the success of EOR Stage 1. The project is designed to significantly increase hydrocarbon recovery by injecting polymerised water into the reservoir through additional subsea wells, subsea infrastructure and new tops...