Exclusivity Agreement for a potential transformational combination with Eni S.p.A's UK Business
Ithaca Energy, a leading independent oil and gas operator in the UK North Sea, today announces that it has entered into an exclusivity agreement (the “Exclusivity
Agreement”) in relation to a potential transformational combination with substantially all of Eni S.p.A.’s (“Eni”) UK upstream assets including the recently acquired Neptune Energy assets, excluding certain assets including Eni’s CCUS and Irish sea assets (the “Potential Combination”).