i3 Energy PLC (AIM:I3E, TSX:ITE, OTC:ITEEF) chief executive Majid Shafiq speaks to Thomas Warner from Proactive after releasing an operational and financial update.
Shafiq says that i3 Energy "continues to perform very well" but that its previous estimations of global oil and gas prices, which were based on widespread consensus in the market, ultimately proved to be higher than the levels recorded so far this year and required a response from the company's leadership.