i3 Energy surges as it confirms it has no plans for an equity financing
Rumours had been swirling that i3 was looking to go cap in hand to investors, but the oil and gas explorer has moved to refute those suggestions
Company
i3 Energy PLC
LON:I3E
i3 Energy is an oil and gas company with a low cost, diversified, growing production base in Canada's most prolific hydrocarbon region, the Western Canadian Sedimentary Basin and appraisal assets in the North Sea with significant upside. The company is well positioned to deliver future growth through the optimisation of its existing 100% owned asset base and the acquisition of long life, low decline conventional production assets.
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i3 Energy appoints Majid Shafiq as chief executive
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I3 Energy confirms progress as it moves Liberator field towards sanction in 2019
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i3 Energy confident of securing approval for Liberator blocks in 2019 despite delay in farm-out talks
Exclusive farm-in talks with a potential partner were supposed to have finished next Monday, but i3 is still waiting on a couple of the conditions to be met