BRIEF-Ithaca says to divest 6 pct working interest in Handcross exploration well

Fri Dec 20, 2013 2:11am EST
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Dec 20 (Reuters) - Ithaca Energy Inc : * Entered into agreement with total E&P Norge as to acquire 10% non-operated interest in licence pl102 * Divestment of a further 6% working interest in the handcross exploration well to Oyster Petroleum * Transactions in line with company's strategy to minimise its exposure to UK exploration commitments * Agreement with Oyster Petroleum will reduce Ithaca'S working interest from 31% to 25% * Source text for Eikon: * For more news, please click here