i3 Energy PLC (LON:I3E) has said it continues to progress the necessary documentation with the UK's Oil & Gas Authority to achieve Field Development Plan approval in early 2019 for the company's 100%-owned and operated Liberator development in the North Sea.
The group added that it expects to enter the final authorisation phase of the planning and consent process in the first quarter of 2019.
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It said it continues to position itself for mid-2019 development execution, with Liberator Phase I first oil anticipated in mid-2020.
John Woods, i3's COO, commented: "We are pleased by the progress being made towards Liberator Phase I field development approval and are appreciative of the ongoing support and guidance of the OGA."