12 January 2012
Lochard Energy Group Plc Re: Ithaca Energy Production and Operations Update
Lochard Energy Group Plc ("Lochard" or the "Company") (AIM:
LHD, ASX: LHD) notes the announcement made on 12 January 2012
by Ithaca Energy Inc relating to the Athena project. Lochard
has a net 10% interest in this field through its 100%
ownership of Zeus Petroleum Limited.
"January 12, 2012
The Athena field development activities continue to progress.
The BW Athena FPSO, is undergoing final phases of conversion
work in Dubai Dry Dock World. Commissioning is underway and
will be completed before sailaway from Dubai to ensure that
the hook-up and offshore commissioning phase is minimised
once the vessel arrives on location. Further to the
Company's update of December 8, 2011, engineering work
on the mooring design and associated power supply has
resulted in the mooring system receiving certification for
year round operation in the UK North Sea. Commissioning of
the vessel power turbine is well advanced. Sailaway from
Dubai is scheduled for mid-February and hardening of the
vessel to add protection during its transit to the UK is now
in progress.
Due to security issues in the area, the Company will not be
issuing further announcements on routes or sailing times."
Haydn Gardner, CEO +61 8 9335 8848
finnCap LimitedSarah Wharry / Christopher Raggett +44 20 7600 1658
FTI ConsultingEdward Westropp / Alex Beagley +44 20 7269 7207
Australia Lochard Energy Group PlcARBN 127 927 495
Reg No 5209284
Level 1, 46 Mews Road
Fremantle 6160 WA
T +61 8 933 58848 F +61 8 933 57243 United Kingdom Lochard Energy LtdReg No 5777565
15 Appold Street
London EC2A 2HB UK
W www.lochardenergy.com
United States of America Lochard Energy IncDelaware No 4171710
PO Box 2011
Leander, TX, 78646T T +1 512 919 0425
F +1 512 219 9364distribué par | Ce noodl a été diffusé par Lochard Energy Group plc et initialement mise en ligne sur le site http://www.lochardenergy.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-13 07:28:06 AM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
Documents associés | |
12-01-2012: Athena Development Update |