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Ithaca Energy sells 6% stake

NORTH Sea-focused Ithaca Energy has sold a further 6% interest in the Handcross prospect to Oyster Petroleum for an undisclosed sum.

Aberdeen-based Ithaca has bought a 10% interest in a licence in the Norwegian North Sea that contains a prospect from Total. It retains a 25% interest in Handcross while Oyster has 15%.

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