Ithaca Energy Backs Output View; Improves Cost Target Again

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By Christian Moess Laursen

Ithaca Energy reported a slight fall in nine-month earnings but improved its full-year cost guidance and backed its output target.

The oil-and-gas company said adjusted earnings before interests, taxes, depreciation, amortization and exploration costs–a closely-watched industry metric–fell to $1.37 billion in the…

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