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BRIEF-Ithaca Energy says qtrly average production of 9,337 barrels of oil equivalent per day
May 15, 2017 / 9:42 AM / 4 months ago

BRIEF-Ithaca Energy says qtrly average production of 9,337 barrels of oil equivalent per day

May 15 (Reuters) - Ithaca Energy Inc

* Qtrly average production of 9,337 barrels of oil equivalent per day

* Average production in 2017 is forecast to be in range of 18,000 to 19,000 boepd (80% oil)

* Qtrly unit operating expenditure reduced to $21/boe, down from $23/boe average rate in 2016

* Qtrly earnings of $11 million

* Forecast 2017 net unit operating expenditure is anticipated to be approximately $18/boe

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