Ithaca Energy - M&A Summary, Ownership, and Business Overview

Oil/gas ExplorationCompany

Ithaca Energy M&A Summary

Ithaca Energy has acquired 4 companies of its own, including 4 in the last 5 years. A total of 3 acquisitions came from private equity firms.

Ithaca Energy’s largest acquisition to date was in 2019, when it acquired Chevron North Sea for $2.0B. The Company’s most targeted sectors include oil/gas exploration (100%).

Ithaca Energy Ownership

Who owns Ithaca Energy?

Ithaca Energy is owned by Delek Group. It was acquired on May 4, 2017.

Ithaca Energy Business Overview

Where is Ithaca Energy headquartered?

Ithaca Energy is headquartered in Aberdeen, United Kingdom.

What sector is Ithaca Energy in?

Ithaca Energy is an oil/gas exploration company.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 3
  • M&A Advisors 1

Ithaca Energy (UK) Ltd.

8 Rubislaw Terrace,
Aberdeen, AB10 1XE
United Kingdom,
+44 (0) 1224 638 582
www.ithacaenergy.com

Ithaca Energy (UK) Ltd. is a North Sea oil and gas operator focused on the delivery of lower risk growth through the appraisal and development of UK undeveloped discoveries and the exploitation of its existing UK producing asset portfolio. Ithaca’s strategy is centred on generating sustainable long term shareholder value by building a highly profitable 25kboe/d North Sea oil and gas company.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 1 - - 1 - - 2
vol $2.0B $1.5B $3.5B
Sell (0.0/yr) # - - - - - - 0
  2

Most Recent M&A

Company Date Value Type
Siccar Point Energy Ltd. 2022-04-11 1.5B USD Add-on Acquisition
Aberdeen, United Kingdom · www.siccarpointenergy.co.uk
Chevron North Sea Ltd. 2019-05-30 2.0B USD Add-on Acquisition
Aberdeen, United Kingdom
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 2 (100%) 3.5B (100%) - -
Total 2 $3.5B - -

By Geo

State/Country Buy Value Sell Value
United Kingdom 2 3.5B - -
Total 2 $3.5B - -

Top M&A Advisors

Financial Deals
J.P. Morgan Securities
1

Deal Values

buy # Total
> $1B 2 $3.5B
TOTAL $3.5B
Largest Chevron North Sea Ltd.
$2.0B (2019-05-30)

M&A Connections

Deals
Acquired from
Investor(s)
50%
1 (50%)

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