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i3 Energy grants exclusivity period to potential farm-in partner for Liberator blocks

Published: 14:21 27 Jun 2018 BST

i3 Energy PLC's (LON:I3E) Graham Heath tells Proactive's Andrew Scott they've granted a period of exclusivity to an unnamed company for a potential farm-in deal for both the Liberator and Liberator West blocks in the UK North Sea.

Heath says the contractual negotiations would, if successful, result in i3 being fully funded for both the Liberator field development and the appraisal of Liberator West.

i3 Energy announces strategic refinancing and positive reserves update

i3 Energy PLC (AIM:I3E, TSX:ITE, OTC:ITEEF) chief executive Majid Shafiq joins Proactive's Stephen Gunnion with details of a positive refinancing for the company. The company has entered into a reserve-based lending (RBL) facility, secured against its Canadian reserves and assets. The...

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